「Pal」 Li Chenghai fully closed his BTC long position, then liquidated his ETH long position at $3.1 million

BlockBeats News, January 29, according to Hyperinsight monitoring data, in the past half an hour, "Pal" Huang Lizheng completely closed a previous BTC long position of about $1.8477 million, and then reallocated the funds to an ETH long position, increasing by about 1,200 ETH (approximately $3.1 million).

After this reallocation, his 25x leveraged ETH long position increased to approximately $28.8786 million, with an average price of $2,977, currently facing an unrealized loss of about $0.3003 million. In addition, he also holds a 10x leveraged HYPE long position, with a position size of about $1.09 million.