According to on-chain data platform Hyperbot, renowned investor Huang Licheng's 25x leveraged Ethereum long position was partially liquidated in the past hour. The remaining position holds only 880 ETH, with an unrealized loss of approximately $22,000. The liquidation price stands at $1,543, and the return on investment is -39.85%. The event underscores the risks of high-leverage long positions in crypto.
According to on-chain data monitoring platform Hyperbot, renowned investor Huang Licheng (Machi Big Brother) experienced a partial liquidation of his 25x leveraged Ethereum long position in the past hour. The position now holds only 880 ETH, with an unrealized loss of approximately $22,000. The liquidation price is reported at $1,543, and the overall return on investment stands at -39.85%. This event once again highlights the risks associated with high-leverage long positions in the cryptocurrency market.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
