Huang Licheng Increases Long Positions on ETH and HYPE Amid $27.8M Loss

High-Risk Bets Amid Market Volatility

Despite prior heavy losses, prominent investor Huang Licheng continues to increase his long positions in cryptocurrencies. According to on-chain data, his current floating losses have exceeded $27.8 million.

Latest Position Breakdown

Huang’s current holdings reflect his strong confidence in a market rebound, including:

• A $13.08M ETH long position with 25x leverage
• A $1.69M BTC long position with 40x leverage
• A $1.29M HYPE long position with 10x leverage
• A $38K VVV long position with 3x leverage

The Risks of Leveraged Trading

In a market marked by persistent volatility, high-leverage trading strategies carry significantly increased risk. Huang's approach has sparked industry discussions around risk management practices.