After "cutting losses" of $450,000, "buddy" opened another 10x HYPE long position.

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On January 12th, according to HyperInsight monitoring, Huang Licheng's address ("Machi Big Brother") closed its long position in HYPE 15 hours ago, incurring a loss of approximately $450,000. Subsequently, he opened another long position today with 10x leverage, long 21,888.88 HYPE contracts, currently showing a floating loss of $1,300. The specific position details within his address are as follows:

A 25x leveraged long of 10,900 ETH resulted in a liquidation price of $3,001.40, leading to a floating loss of $150,000.

A long of 1688.88 ZECs with 10x leverage resulted in a paper loss of $8000.

I long on 21,888.88 HYPE tokens with 10x leverage, and now I'm down $1,300.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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