Just saw that Huang Licheng's recent trading actions are a bit interesting. He has already closed all his Bitcoin and HYPE long positions; it seems he's adjusting his strategy. But right now, Huang Licheng is still holding onto a 25x leveraged Ethereum long position, with 6,800 ETH held. The unrealized profit has already exceeded $300,000, which is indeed a good return.



However, this position looks a bit risky. The liquidation price is only $2,039. If Ethereum drops to that level, it will be liquidated immediately. I can't quite understand why Huang Licheng is still so aggressive with 25x leverage. He's made so much profit, so why not reduce his position?

Do you think Huang Licheng's move is still bullish or is he gambling? It feels like this risk is a bit high.
HYPE1.73%
ETH1.96%
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