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.
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