According to monitoring information, an address associated with Huang Licheng reduced its 1,025 units of ETH long position, worth approximately 2580000 USD; the remaining position size is approximately 79940000 USD。
Article
🐳 【Maji Huang Licheng】ETH Long position take-profit!
💰ETH Reduce long position by 1,025.00 units, equivalent to approximately 2,580,426.50 USD▫️ Position size: 79,936,913.50 USD▫️ Average entry price: 2,579.46 USD → 2,585.82 USD▫️ Current P&L: +5,400,528.54 USD (+168.90%)
▫️ Current token price: 2,773.18 USD▫️ Liquidation price: 2,424.05 USD📌 Address: 0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872🔥 Note: This trader previously profited from blue-chip NFT; after becoming active this year, they suffered massive drawdowns consecutively starting from October, with funds shrinking from over to several hundred thousand USD. 🔥
On-chain Perp live-trading social network graph. View the most comprehensive Hyperliquid on-chain data:https://www.tradingbeats.xyz
Key points
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🐳 【Maji Huang Licheng】ETH Long position take-profit!
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💰 ETH Reduce long position by 1,025.00 units, equivalent to approximately 2,580,426.50 USD
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▫️ Position size: 79,936,913.50 USD
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▫️ Average entry price: 2,579.46 USD → 2,585.82 USD
🔥 Note: This trader previously profited from blue-chip NFT; after becoming active this year, they suffered massive drawdowns consecutively starting from October, with funds shrinking from over to several hundred thousand USD。 🔥
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On-chain Perp live-trading social network graph. View the most comprehensive Hyperliquid on-chain data:
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https://www.tradingbeats.xyz
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
No additional explanation is available beyond the summary.
Why it matters to readers
The report provides a specific address, reduction amount, and position data for verification, but it has currently been disclosed by only a single monitoring channel and lacks independent on-chain verification. This is a follow-up reduction from the same Huang Licheng-associated address's previous ETH long position event, involving ETH on the watchlist, but a single large holder reducing approximately 2580000 USD is insufficient on its own to constitute a significant market impact.
Watch for subsequent official information and do not make decisions based on a single report.
Risks and unknowns
Whether this address will continue reducing or rebuild its ETH long position
ETH Whether the price is close to the listed 2,424.05 USD liquidation price
Whether independent on-chain data confirms the position and P&L information
