Huang Licheng's ETH long position was partially liquidated, and the contract balance fell below $10,000.

KuCoinFlash

Release Time: 03/02/2026 02:15:53

ETH

$1,997.81-1.21%

Summary

On March 2, Huang Licheng’s ETH long position was partially liquidated, wiping out 1,212 ETH valued at $2.28 million. The loss amounted to $198,000, leaving the contract balance at $9,289.27. Due to ETH price volatility, the account reopened a long position with $10,000, setting a liquidation price of $1,927. Over the past five months, the address initiated 164 ETH longs, depositing $15.68 million into Hyperliquid, with nearly all funds lost. ETH analysis indicates continued risk for leveraged traders in the current market.

BlockBeats report, March 2: According to Coinbob Popular Address Monitoring, "Maji" Huang Licheng's ETH long position was liquidated, with a total liquidation volume of 1,212 ETH, worth approximately $2.28 million. This liquidation resulted in a loss of about $198,000. The current total balance in this address's contract account is only $9,289.27.

Subsequently, the address opened another long position with the remaining $10,000, at a liquidation price of $1,927; if this position is liquidated, its $250,000 rolling strategy will end in failure.

Over the past five months, this address has attempted to go long on various cryptocurrencies 164 times, including 19 attempts on ETH, and has net deposited approximately $15.68 million into Hyperliquid. Almost every deposit resulted in a loss.

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