"Pal" Huang Licheng continued to hold a leveraged position despite a significant unrealized profit, and now his funds have once again shrunk to $360,000.
BlockBeats News, October 31st, according to HyperInsight monitoring, in the past 9 hours, Huang Licheng has continued to increase positions to flatten his ETH long position and deposited $14,000 into Hyperliquid, which was then fully used to increase his position. Currently, his holding nominal value has dropped to $7.66 million, with a floating loss of about 30%, an average price of $3,881, and a liquidation price of $3,750.
Earlier on the 29th, his ETH long position's floating return rate reached 130%, the average position price rolled over to $3,950, the principal once reached $1.9 million, and the total position size reached a peak of $22.31 million. Despite some small inflows in recent days, the funds have shrunk to $360,000, and the total position size has decreased to $9.02 million.
Looking back at his operations, on the 23rd, Huang Licheng opened an ETH long position at an average price of $3,785, with a holding nominal value of over $9.6 million. He consistently used the unrealized profits as margin to roll positions, pushing the total holding nominal value up to $22.31 million, with a peak floating return rate of 200%, but he has never closed the position.
You may also like

Particle Founder: The entrepreneurial insights I have gained the most from in the past year

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence

OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)

The migration of settlement rights: B18 and the institutional starting point of on-chain banks

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment

The second half of stablecoins no longer belongs to the crypto circle

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations

Is the income of pump.fun real, earning a million dollars a day despite the market downturn?

The real reason why tokens are not selling: 90% of crypto projects neglect investor relations

Who is the true winner of the "Tokenization" narrative?

Moss: The Era of AI-Traded by Anyone | Project Introduction

Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.

Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K

Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?

Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Crypto_Trade shows how structured inputs and controlled adaptability can build a more stable and reliable AI crypto trading bot within the WEEX AI Trading Hackathon, highlighting a practical path toward scalable AI trading systems.