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Ethereum Trader Huang Licheng Takes $1.05M Loss in One Week, Adds 600 ETH Positions After Liquidations

GateNews
Derivatives Data
ETH-3.15%

According to BlockBeats, via on-chain monitoring from HyperInsight on June 3, trader Huang Licheng's Ethereum long positions were partially liquidated four times within one hour as ETH briefly dipped below $1,900. Despite the losses, Huang subsequently opened six fresh long positions.

He currently holds 600 ETH with 25x leverage and is down $35,000 unrealized on these positions. Over the past week, his perpetual futures positions have accumulated losses totaling $1.005 million.

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