According to Coinbob’s popular address monitoring, over the past two hours, “Maji” Huang Licheng partially liquidated his ETH long position, reducing it by 1,777 ETH (worth approximately $3.71 million), resulting in a loss of about $21,800. As of publication, the address’s ETH long position has decreased to 6,000 ETH, valued at approximately $12.5 million, with a current unrealized loss of about 13.6%. The liquidation price is at $2,072.9, and the current price is less than $20 (0.96%) away from the liquidation line, making it the closest-to-liquidation ETH long position among those with multi-million-dollar exposure. Address: 0x020c…35872
Huang Licheng sells 1,777 ETH, long position near liquidation line
AiCoinShare
Summary
Huang Licheng, known as 'Maji,' recently adjusted his position trading strategy by selling 1,777 ETH (approximately $3.71 million) in the last two hours, incurring a $21,800 loss. His current ETH long position stands at 6,000 ETH, valued at $12.5 million, with a 13.6% floating loss. The liquidation price is at $2,072.9, and the current ETH price is within $20 (0.96%) of that level—making this the closest to liquidation among major ETH long positions, underscoring the critical importance of position sizing in volatile markets.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.