Huang Licheng has closed all long positions in BTC, HYPE, PUMP, and YZY, only retaining the long ETH position with 25 times leverage.
By focusing on holding ETH and achieving a temporary profit of up to 3.12 million USD, Huang Licheng demonstrates a strategic and cautious approach in the highly volatile cryptocurrency market.
MAIN CONTENT
Huang Licheng closed all long positions in BTC, HYPE, PUMP, YZY.
Only retaining the ETH position with a leverage ratio of 25x.
Successful with a floating profit of 3.12 million USD.
What trading moves has Huang Licheng made recently?
According to observations from Onchain Lens on August 23, Huang Licheng closed all his long positions on BTC, HYPE, PUMP, and YZY assets.
Only retaining the long-term ETH position with high leverage of 25 times, indicating a focus on this cryptocurrency in his investment strategy. This move reflects a flexible adjustment to optimize profits in a volatile market.
Why did Huang Licheng choose to retain the long-term ETH position with 25x leverage?
ETH is considered the dominant cryptocurrency alongside BTC, with high growth potential and liquidity. Huang Licheng's use of 25x leverage on ETH shows strong confidence in this coin's price increase potential.
This strategy also reflects experience and expertise in exploiting opportunities in the market while managing risks through appropriate asset selection.
How has Huang Licheng profited from these positions?
Data from Onchain Lens indicates he is currently holding a floating profit of approximately 3.12 million USD from his ETH position.
This profit demonstrates the effectiveness of a focused investment strategy and reasonable leverage, while also showcasing Huang Licheng's ability to manage positions effectively in a highly volatile cryptocurrency environment.
Frequently asked questions
Which long-term position has Huang Licheng recently closed?
He has closed long positions in BTC, HYPE, PUMP, and YZY, only retaining ETH.
What is the current profit from the ETH position?
The floating profit at the time of reporting is approximately 3.12 million USD.
Why was 25x leverage on ETH chosen?
This reflects strong confidence in the potential price increase of ETH and effectively utilizing high leverage.
Where is the trading information sourced from?
Data monitored and analyzed by Onchain Lens on August 23.
What are the highlights of Huang Licheng's strategy?
He focuses on optimizing profits through careful asset selection combined with high leverage.
Source: https://tintucbitcoin.com/huang-licheng-loi-312-trieu-usd-eth/
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