According to PANews, on-chain analyst Yu Jin reports that investor Huang Licheng has seen significant losses in his investments in ETH, HYPE, and PUMP. Initially, Huang's strategy of going long on HYPE from mid-May at $27.5 and ETH from late May at $2,654 resulted in substantial profits, reaching $22.45 million by late July. However, as the market began to decline in August, these gains have largely evaporated. Currently, Huang's profits have decreased to $3.5 million, reflecting a loss of $18.95 million from his peak earnings.

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