"Maji" Huang Licheng last night acted as a contrary indicator for ETH and HYPE, with the principal amount once again experiencing a 50% slump to only 480,000.

BlockBeats news, on October 22, according to HyperInsight monitoring, at 0:13 AM today, Huang Licheng opened a new high position HYPE long order again, and then continued to chase the price and increase the position in ETH within an hour, and continued to increase the position when it fell. At that time, the HYPE holdings notional value increased to 1.7 million USD, and the ETH holdings notional value reached 10 million USD. Four hours ago, due to ETH position approaching liquidation, he was forced to Close Position and Cut Loss on the HYPE long order, and used all remaining funds to increase the position in ETH to average down costs. Currently, the average price of ETH holdings has been pumped up to 3952 USD. The current floating loss on this position has exceeded 64%, and the liquidation price is 3749 USD. Meanwhile, he is placing open orders to Close Position in batches within the range of 3950 USD to 4188 USD. In addition, the total value of this Address account has once again suffered a 50% Slump in less than a day, with a remaining principal of 480,000 USD.