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Huang Licheng increased his ETH long position in this wave, going from over 100 million to just hundreds of thousands and still playing so big—does he really dare to gamble or is he truly wealthy?
The current position size is $6,215,400, with the average price rising from $1,709.74 to $1,712.14.
Current profit and loss is +$51,671.49 (+20.78%), with the current coin price at $1,726.49 and liquidation price at $1,684.32.
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 a hundred million to several hundred thousand dollars.