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Huang Licheng's address floating loss breaks through $610,000. When will ETH leveraged positions stop bleeding?
【Blockchain Rhythm】According to on-chain monitoring data, on January 10th, the leveraged position floating loss in the address of “Brother Ma Ji” Huang Licheng expanded again. This well-known investor in the crypto market experienced a rollercoaster ride—once with floating profits exceeding $1.4 million, now the overall floating loss has expanded to $610,000, with a significant increase in losses.
Specifically, his address currently holds two main leveraged long positions: one is a 25x leveraged long of 10,706 ETH, with floating losses reaching $460,000, and a liquidation price set at $3,000.16. The other is a 10x leveraged long of 86,000 HYPE tokens, with a floating loss of $150,000, and a liquidation price at $12.12.
From the data, these aggressive leveraged positions are under significant pressure in the current market conditions. While high leverage can bring astonishing gains during bullish runs, the risks are also magnified in adverse market conditions, with liquidation distances relatively close.
From a floating profit of 1.4 million to a floating loss of 610,000, where's the good buddy ?
High leverage is like this, divine when you profit, devil when you lose.
ETH's recent market movement has been so fierce, it feels like many people got wiped out.
With the liquidation price so close, you have to watch the market every day.
Leverage really is a double-edged sword, fun in the moment, regret in the end.
This is the true picture of the crypto market, full of ups and downs.
From 1.4 million directly losing to 610,000, who can withstand this roller coaster
The liquidation price is so close, yet no stop-loss? I don't understand but I'm greatly shocked
Leverage is like a sickle, it's exhilarating when you make money, but when you lose, you're wiped out
Trading ETH with 25x leverage is indeed a bit risky, now I finally understand what risk means