Huang Licheng Exits BTC Position to Double Down on ETH Amid Slight Increase in Unrealized Loss

On January 29, Hyperinsight monitoring data revealed a major portfolio adjustment by well-known investor Huang Licheng.

Position Adjustment Details

He first liquidated his BTC long position valued at approximately $1.85 million. Immediately afterward, he reallocated the entire capital into Ethereum, acquiring around 1,200 ETH worth approximately $3.1 million at current market prices.

Following this adjustment, his Ethereum position has significantly increased. His total ETH holdings now amount to about $28.88 million, with the average acquisition price dropping to $2,977. Due to market fluctuations, this position currently carries an unrealized loss of $300,300.

• Ethereum Leverage: 25x
• Total Position Value: ~$28.88 million
• Current Average Price: $2,977
• Unrealized Loss: $300,300

It's worth noting that his account still holds approximately $1.09 million in long positions on the HYPE token, executed with 10x leverage.