From over a hundred million down to just a few hundred thousand—and still able to keep taking the heat, Huang Licheng’s psychological strength really isn’t something ordinary people have, but will the market reward this kind of courage?

CoinWorld news: Machi Huang licheng increased his ETH long position by 245.00 coins, worth approximately $403,311.50. Current position size is $1,409,850.00, with the average price adjusted from $1,564.35 to $1,561.20. Current profit/loss is +$4,765.66 (+8.45%), current coin price is $1,566.50, and liquidation price is $1,528.37. The trader previously profited from blue-chip NFTs, but after becoming active this year, has suffered consecutive heavy drawdowns since October, with funds shrinking from over 100 million to hundreds of thousands of dollars.