Huang Licheng reduces his Ethereum long exposure but adds a new 25x leveraged position, reflecting his ongoing aggressive trading strategy despite recent losses.
Investor Huang Licheng has reduced his Ethereum long exposure and opened a 25x leveraged position of 3,275 ETH at an average price of $1,981.68. The trade currently shows a floating profit of $33,000. This follows a period of substantial losses, including a $74 million drawdown, which has strained his liquidity.