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Huang Licheng Closes BTC and HYPE Long Positions, Suffers $1.46M Net Loss in a Week

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BTC
$87,632.20-0.64%
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HYPE
$24.553-0.69%
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ETH
$2,946.66-1.11%
Huang Licheng, also known as Magi Brother, closed his BTC and HYPE long-term investing positions 15 minutes ago. He now holds a 5400 ETH long with 25x leverage, facing liquidation at around $2,795. This week, 12 of his 15 long trades were profitable, but the overall result was a $1.46M net loss. Traders are watching key support and resistance levels as market volatility continues.
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