"Pal" Huang Licheng achieved a floating profit for the first time in three days, with his principal growing by over 40%.

By: theblockbeats.news|2025/10/23 11:15:53
0
Share
copy

BlockBeats News, October 23rd, according to HyperInsight monitoring, Huang Licheng opened an ETH long position today at an average price of $3785 at 5:00, with a nominal value of over $9.6 million. Currently, the unrealized return rate has reached 75%, and the liquidation price is $3711. Then at 11:00, he opened a HYPE long position at an average price of $38.5, with a nominal value of about $1 million, and the current unrealized return rate is 20%.

Over the past three days, Huang Licheng has suffered losses from multiple opening positions. Yesterday, his ETH and HYPE positions in the opposite direction led to another shrinkage of his principal, leaving only $480,000. These two long positions today have achieved profits for the first time in nearly three days, increasing his principal to $700,000. The current total position size is about $10.63 million. He has only opened long positions in the past two months and was liquidated during the "10.11" flash crash.

You may also like

Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down

OUSD was jointly launched by more than 140 giants, causing Circle's stock price to plummet in a single day. Circle's CEO personally wrote a response, clarifying USDC's moat from three aspects: network effects, liquidity, and regulation, and dismantling OUSD's three selling points of "free redemption...

Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog

WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.

How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?

The competition logic of exchanges has changed.

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

WEEX Launches Depth Chart for Spot Trading

WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com