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"麻吉大哥" Huang Licheng's Address Loses $11.27M in 7 Days, Account Drops to $562K

According to on-chain analyst Ai姨, as of October 13, the address of Huang Licheng (known as "麻吉大哥") has suffered cumulative losses of $11.27 million over the past 7 days. The account balance has plummeted from $5.46 million on October 5 to just $562,000 today. The address currently maintains a 25x leveraged long position of 7,150 ETH (approximately $17.86 million). The liquidation price stands at $2,472.78, leaving only a $26.52 buffer from the current price.
ETH-1.23%
GateNews·10-13 13:18
"麻吉大哥" Huang Licheng's Address Loses $11.27M in 7 Days, Account Drops to $562K

Tom Lee Warns Ethereum Faces Selling Pressure as Korean Stocks Crash 6%

Tom Lee, co-founder of Fundstrat and chair of BitMine, warned on October 13 that a sharp sell-off in South Korean equities could spread into cryptocurrency markets and create additional selling pressure on Ethereum. South Korea's KOSPI plunged more than 6% intraday, triggering emergency trading
ETH-1.26%
BMNR-2.05%
SK Hynix+3.80%
GateCryptoFrontier·10-13 13:04
Tom Lee Warns Ethereum Faces Selling Pressure as Korean Stocks Crash 6%