【Blockchain Rhythm】Monitoring data shows that the trading address of well-known figure Huang Licheng closed out his HYPE long positions 15 hours ago, incurring a loss of approximately $450,000 in this round of trading. Not stopping there, he opened a new HYPE long position with 10x leverage today, buying 21,888.88 tokens, currently with an unrealized loss of $1,300.
Let's take a look at his current position allocation. The largest position is a 25x leveraged long of 10,900 ETH, with a liquidation price set at $3,001.40. This position is already showing an unrealized loss of $150,000. There is also a 10x leveraged long of 1,688.88 ZEC, with an unrealized loss of $8,000. In total, the three active positions have an unrealized loss approaching $250,000.
High leverage and large positions indeed carry significant risk. Especially the 25x leverage on ETH—if market fluctuations reach the liquidation price, the consequences could be severe. However, based on the frequent addition of positions, it seems that the trader is optimistic about the market's future direction.