「Crypto Whale Li Chengpeng」 Liquidates Long Positions Worth Around $1.2 Million, Suffers a Single Loss of Nearly $330,000
BlockBeats News, January 19th, according to HyperInsight monitoring, "Huang Licheng" (0x020c...) performed a rug pull operation on his HYPE long position, selling off 50,000 HYPE tokens, worth approximately $1.2095 million.
After this operation, the position still holds about $4.7768 million worth of HYPE long positions, but the current floating loss has reached $329,000, a loss of 68.87%, with a liquidation price of $18.219.
The trader had previously made profits trading blue-chip NFTs, but after becoming active again this year, he has experienced massive drawdowns since October, with the account's funds shrinking from over $100 million to the hundred-thousand-dollar level.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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