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- 💥 Gate Square Event: #PostToWinCGN 💥
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Huang Licheng is currently experiencing unrealized losses of $1.81 million while going long on HYPE in contracts.
PANews, May 30 news, according to on-chain analyst Yu Jin’s monitoring, Mahji Brother Huang Licheng is currently experiencing unrealized losses of 1.81 million dollars on the contract go long HYPE. He purchased 200,000 HYPE spot at a price of $29.4 some time ago, and then went long on 530,000 HYPE with a 5x leverage using contracts, with an opening average price of $35.5. With the recent pullback in HYPE prices over the last two days, he currently has unrealized losses of $1.81 million on his contract long position in HYPE. However, the 200,000 HYPE he holds in spot still has a profit of $520,000.