"Ma Ji" Huang Licheng closed his BTC long position to stop losses, with his heavily held ETH long position only 0.73% away from liquidation.

BTC2,59%
ETH3,83%

BlockBeats News, January 20 — According to HyperInsight monitoring, this morning, “Maji” Huang Licheng opened 11 BTC long positions at approximately $92,858 each, with a total opening value of about $1.017 million. Later at 14:20, this address closed all these positions, ending the short-term operation with a loss of approximately $22,000.

Meanwhile, the address slightly took profit on its ETH long positions to actively lower the overall liquidation price. Currently, its ETH long position remains substantial at about $40.83 million, with an average entry price of $3,234, floating loss of about $1.22 million, and a liquidation price of $3,110. Based on the current price, this position has only about 0.73% downside before liquidation.

This trader previously made profits from trading blue-chip NFTs in early years but has experienced multiple significant drawdowns since becoming active in futures trading in October this year, with account funds shrinking markedly from over $100 million. This quick opening and closing of positions continues their recent high-frequency, short-term trading style.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Over the past 24 hours, the entire network liquidated $254 million, with short liquidations accounting for nearly 68% of the total.

Recently, Gate News reported that the entire network experienced liquidations totaling $254 million over the past 24 hours, with long liquidations accounting for $82.0731 million and short liquidations accounting for $172 million. Bitcoin and Ethereum both experienced significant liquidations, affecting 78,105 people globally. The largest single liquidation occurred on the Hyperliquid platform, valued at $4.2402 million.

GateNews6m ago

JPMorgan Reports Sharp Divergence in Bitcoin and Gold ETF Flows Since Iran War

Bitcoin and gold exchange-traded funds have seen sharply diverging flows since the Iran war erupted on February 27, 2026, highlighting shifting investor positioning between the two assets.

CryptopulseElite10m ago

Cryptocurrency market sectors show broad gains, AI sector up 7.24% in 24 hours, BTC breaks through $71,000

On March 13, the crypto market rose overall, with the AI sector up 7.24%, where Fetch.ai showed the largest gain at 16.86%. Bitcoin broke through $71,000, Ethereum broke through $2,100, and other sectors also showed an upward trend.

GateNews27m ago

On-chain address unrealized gains have increased to $11.5 million, making it the largest long position holder on the Hyperliquid platform for both ETH and BTC.

On March 13, on-chain monitoring showed that address 0xa5b0's floating gains expanded to $11.5 million as ETH rebounded to $2,100, with a position size reaching $199 million. This address is the largest long position holder on the Hyperliquid platform, primarily holding ETH long positions with 15x leverage and BTC long positions with 20x leverage.

GateNews40m ago

Yesterday, the US Bitcoin spot ETF saw net inflows of $54.08 million, with BlackRock's IBIT receiving inflows of $46.36 million.

On March 12, monitoring data showed that US Bitcoin spot ETFs had net inflows of $54.08 million, with main inflows from BlackRock and Fidelity, while Bitwise and Grayscale experienced net outflows. Specific inflow and outflow details are as follows.

GateNews40m ago

Bitcoin Miners Shift Focus to AI to Capitalize on Energy Infrastructure

The growing intersection of cryptocurrency and artificial intelligence is pushing Bitcoin mining companies to adapt their infrastructure for AI computing needs. By leveraging existing energy resources, mining operations seek to diversify revenue streams while facing competition and regulatory challenges.

TapChiBitcoin54m ago
Comment
0/400
No comments