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CoinWorld News, Ma Jie Huang Licheng reduced his long position in BTC by 29 coins on the HyperLiquid platform, approximately $2 million.
The current position size is $40,676,464, with an average price adjusted from $78,718.70 to $78,768.10, and a current profit and loss of +$1,607,477.40 (+158.07%).
The current coin price is $82,008.98, with a liquidation price of $74,230.26.
This trader previously profited from blue-chip NFTs but has experienced a massive drawdown since October last year, with funds shrinking from over a hundred million to several hundred thousand dollars.