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Huang Licheng’s ETH position is a bit hard to hold. The average price is down from 1844 to 1794, and the liquidation line at 1761 is right within reach—another 2% drop and it’s going to explode.
The current position size is $1,004,976.00, with the average price dropping from $1,844.02 to $1,816.08, and a current profit and loss of -$12,030.26 (-29.93%).
The current coin price is $1,794.60, with a liquidation price of $1,761.33.
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.