Huang Licheng's ETH leverage trade was so intense it made his heart race; the liquidation line is right beneath his feet. Did all the money earned from NFTs go into the pit?

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CoinNetwork
Crypto News, Maji Huang Licheng has reduced his ETH long position by 704 coins on the HyperLiquid platform, approximately $1,455,449.60.
The current position size is $5,666,918.40, with an average price of $2,094.83, and a current profit and loss of -$232,143.04 (-102.41%).
The current coin price is $2,012.39, with a liquidation price of $2,001.38.
This trader previously profited from blue-chip NFTs, but after becoming active this year, he has experienced massive drawdowns since October, with funds shrinking from over 100 million to several hundred thousand dollars.
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