「Buddy」 Huang Licheng reduces his ETH and HYPE long positions, with the remaining holdings still worth over $10 million, achieving a doubling of his initial investment today.

On October 24th, based on HyperInsight monitoring, in the past three hours, Huang Licheng has closed long positions in ETH and HYPE with a total reduction of $600,000. There still exists a sell order with a take-profit price of $4,000. Currently, the long position in ETH is $9.55 million, with a floating return rate exceeding 110% at one time. The total position value of the address is now approximately $11.23 million, and the principal has increased from $460,000 to $870,000. Yesterday's news: On the 23rd, Huang Licheng opened a long position in ETH at an average price of $3,785 at 5 o'clock, with a nominal value of over $9.6 million and a liquidation price of $3,711. Subsequently, a long position in HYPE was established at an average price of $38.5, with a nominal value of about $1 million. In addition, after ETH touched the $3,700 support yesterday at 5 o'clock, it continued to rise and is now priced at $3,942.