Huang Licheng Faces $55.1M Loss After ETH Long Position Liquidation

2025-10-11 08:45

Huang Licheng's Ethereum long position was liquidated on October 11, resulting in a total loss of $55.1 million. Initially, Huang had a profit of $44.5 million, but over 22 days, this turned into a $10.6 million loss due to a sharp price drop. The losses were compounded by several positions: $11.1 million from a PUMP long on September 30, $18 million from an XPL long on October 9, and $12.56 million from the ETH long on October 10. These positions contributed significantly to the overall financial setback.

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