「Whale」 Increases ETH Long Position to $14.4M, Doubling Down on Long with Principal Now Tripled

On March 5th, per Coinbob Popular Address Monitoring (link: https://t.me/Coinbob_track_CN), trader "Buddy" Huang Licheng executed a position roll operation on his ETH long position, pushing the total position size to $14.4 million. After the roll, the average entry price of his ETH long position rose from $2,023 to $2,066. The position currently holds an unrealized profit of ~$350,000, with a 60% return rate and a liquidation price of $2,035. Additionally, the address has set a take-profit order ranging from $2,130 to $2,202 to partially close 10% of the position. In this 20th round of longing, his $250,000 initial principal has grown to $860,000 within two days, while the liquidation price was adjusted from the entry price of $1,949 to $2,066. The trader previously profited from trading blue-chip NFTs but has faced massive drawdowns since becoming active in October last year, with account funds shrinking significantly from over $100 million.