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CoinWorld News, Ma Ji Huang Licheng reduced his long ETH position by 716 units on the HyperLiquid platform, approximately $1,343,887.60.
The current position size is $2,833,142.40, with the average price decreasing from $1,866.87 to $1,861.71, and the current profit and loss is -$115,812.49 (-102.19%).
The current ETH price is $1,788.60, and the liquidation price is $1,782.47.
This trader previously profited from blue-chip NFTs but has experienced massive drawdowns since October, with funds shrinking from over a hundred million to several hundred thousand dollars.