Huang Licheng’s position is just $2 away from liquidation—really living on the knife’s edge. The NFT profits get wiped out in full, and he even has to pay extra out of pocket.

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CoinNetwork
Crypto news, Maji Huang Licheng reduced 336.00 ETH on long positions, approximately $581,313.60. The current position size is $2,239,238.40, with an average price of $1,721.01, and current profit and loss is -$73,801.54, with a loss ratio of -82.40%. The current ETH price is $1,666.10, and the liquidation price is $1,663.90. This trader once profited from blue-chip NFTs, but after becoming active this year, they have experienced massive drawdowns since October, with funds shrinking from over 100 million to several hundred thousand dollars.
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