According to tracking data from HyperInsight on January 10th, unrealized losses from Huang Licheng’s long positions suddenly surged to $610,000. This marks a significant shift from the previous period, when total unrealized profits reached as high as $1.4 million.
Current Position Details
This address is currently maintaining two large long positions with high risk:
ETH position with 25x leverage:
Volume: 10,706 ETH held
Liquidation price: $3,000.16
Unrealized loss: $460,000
Current ETH price: $3.37K
HYPE position with 10x leverage:
Volume: 86,000 HYPE held
Liquidation price: $12.12
Unrealized loss: $150,000
Current HYPE price: $25.57
Situation Analysis
The drop from a $1.4 million profit to a $610,000 loss indicates significant market volatility. The use of high leverage (25x and 10x) greatly increases the sensitivity of these positions to small price fluctuations.
With the liquidation levels set, any negative market movement could trigger these orders. This situation clearly demonstrates the potential risks associated with high-leverage trading in volatile market conditions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Huang Licheng's current address faces an unrealized loss of $610,000 in a high leverage position.
According to tracking data from HyperInsight on January 10th, unrealized losses from Huang Licheng’s long positions suddenly surged to $610,000. This marks a significant shift from the previous period, when total unrealized profits reached as high as $1.4 million.
Current Position Details
This address is currently maintaining two large long positions with high risk:
ETH position with 25x leverage:
HYPE position with 10x leverage:
Situation Analysis
The drop from a $1.4 million profit to a $610,000 loss indicates significant market volatility. The use of high leverage (25x and 10x) greatly increases the sensitivity of these positions to small price fluctuations.
With the liquidation levels set, any negative market movement could trigger these orders. This situation clearly demonstrates the potential risks associated with high-leverage trading in volatile market conditions.