Huang Licheng’s position management has some real skills: the average price is 1735, and it liquidates at 1717—he’s literally scraping blood off the knife edge and still made a profit. The NFT veteran “old gun” has transitioned into a contract trading player.

CoinWorld News: Machi Huang took profit on his ETH long position, reducing 1,250 ETH, approximately $2,175,700. The current position size is $9,116,100, with an average price of $1,735.74, current P&L of +$3,443.95 (+0.94%), current price of $1,736.40, and liquidation price of $1,717.80. The trader once profited from blue-chip NFTs, but since October this year has suffered massive drawdowns, with funds shrinking from over 100 million to hundreds of thousands of dollars.