Huang Licheng’s crypto account loses $2 million in 80 minutes

Huang Licheng’s crypto trading account suffered a sharp reversal during a short-term market plunge, with its balance falling from $12.8 million to $10.8 million in 80 minutes. TradingBeats, formerly known as Hyperinsight, said the account had previously grown from $152,000 to more than $10 million in three days after nearly 500 liquidations. It still holds long positions in 888.88 BTC and 19,100 ETH. The BTC position has an unrealized loss of $470,000, while the ETH position has an unrealized gain of $2.17 million.

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