"Maqi Huang Licheng" cut losses on HYPE long positions totaling approximately $1.2 million, with a single loss of nearly $330,000

GateNews

2026-01-19 05:43:34

BlockBeats News, January 19th, according to HyperInsight monitoring, “Huang Licheng” (0x020c…) executed a cut-loss operation on his HYPE long position, reducing 50,000 HYPE longs, worth approximately $1,209,500.

After this operation, the position still holds about $4,776,800 in HYPE longs, but the current floating loss has reached $329,000, a loss of 68.87%, with a liquidation price of $18.219.

This trader previously made profits from trading blue-chip NFTs in earlier years. Since becoming active again in October, he has experienced massive drawdowns consecutively, with account funds shrinking from over a hundred million dollars to a few hundred thousand dollars.

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