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Trader Huang Licheng Expands Ethereum Long Position to 22,000 ETH

On-chain data reveals Huang Licheng increased his crypto longs, with major losses from 23,400 ETH and additional BTC, HYPE, and PUMP holdings amid a bearish market.

BTC
ETH
HYPE

Fact Check
All provided evidence from multiple sources, including Binance Square, Ainvest, and MEXC, consistently and directly state that Huang Licheng has established or increased a long position to 22,000 ETH. The claim is strongly corroborated across all pieces of evidence.
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Summary

On-chain data indicates that trader Huang Licheng, also known as 'Brother Ma Ji,' has expanded his long positions despite a downturn in the crypto market, now holding 23,400 ETH longs with an $8.2 million unrealized loss, 180 BTC longs, 115,000 HYPE longs, and 250 million PUMP longs. His total unrealized loss has risen to $8.8 million, reflecting increased exposure across multiple assets as prices remain under pressure.

Terms & Concepts
  • Long Position: A trading strategy where an investor buys an asset expecting its price to rise.
  • Unrealized Loss: A loss on a currently held position that would be realized if the asset were sold at its present value.