According to Coinbob's address tracking, on March 2, a long ETH position linked to Huang Li Cheng was forcibly liquidated again. The position lost 1,212 ETH, worth approximately $2.28 million, with a loss of $198,000 in total.
Account balance under $10,000, further liquidation could mark failure
After this round of liquidation, the address's contract account retained only $9,289.27. Despite this, the trader still opted to reinvest the remaining funds into a new ETH long position, setting the liquidation price at $1,927. If the price drops below this level again, the current round of rollover trading involving $250,000 will end in failure.
- Funds have significantly declined from previous peaks
- Possible failure in this round could impact future strategies
- ETH price volatility remains a key factor
Over 164 trades in five months, mostly losses
Statistical data shows that over the past five months, the address has executed 164 long trades across various cryptocurrencies, including 19 ETH-related trades. It has deposited approximately $15.68 million into the Hyperliquid platform. However, nearly every transaction has ended in losses, highlighting the risks associated with high-leverage trading strategies.