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

5 hours ago

On October 23rd, according to the monitoring of HyperInsight, Huang Licheng opened an ETH long position today at an average price of $3785 at 5:00, with a notional value exceeding $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 notional value of approximately $1 million, and the current unrealized return rate is 20%. In the past three days, Huang Licheng has incurred losses from multiple opening positions. Yesterday, his ETH and HYPE positions in the opposite direction led to another reduction in 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.
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