Major investor Huang Licheng increased his ZEC holdings by $246,000 in 3 hours, with total holdings exceeding $45 million

robot
Abstract generation in progress

【Block Rhythm】Huang Licheng has made another move in the past 3 hours, increasing his ZEC long position by approximately $246,000. This operation lowered his average cost for ZEC from $415 to $411.29. Although he still has an unrealized loss of $48,100, it’s clear that he remains confident about the market outlook.

On the other hand, he also took profits on his HYPE and ETH futures long positions. Although the profit margins are not particularly large, he at least secured some gains.

As of now, Huang Licheng’s futures position allocation is quite strategic. The total value of his long positions across the account is close to $45 million, with ETH longs making up the majority—worth $34.87 million, with an unrealized profit of $862,000; HYPE longs worth $8.43 million, with an unrealized profit of $130,000. Interestingly, over the past week, his account’s unrealized profit has exceeded $2.538 million, indicating that this wave of market movement has indeed been profitable. It seems he has significant bets on ETH, ZEC, and HYPE.

ZEC-3.16%
HYPE-0.15%
ETH1.29%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
FUD_Vaccinatedvip
· 8h ago
Huang Licheng's move, daring to play with $45 million like this, really has a lot of spare cash. I'm just puzzled—ZEC is already floating at a loss, yet he still dares to add to his position. Is this confidence or just throwing a tantrum?
View OriginalReply0
PumpAnalystvip
· 8h ago
Huang Licheng's move this time is indeed impressive, but I still have to say that with $45 million resting on the bulls, a slight loosening of risk control could be disastrous. I respect ZEC's continued low buy-in, but I'm just worried about them taking the final hit in the end.
View OriginalReply0
YieldFarmRefugeevip
· 8h ago
Huang Licheng's move, ZEC is still increasing... He's really persistent about the future market, I support his judgment this time.
View OriginalReply0
MEVHuntervip
· 8h ago
Huang Licheng's approach is a classic example of averaging down to reduce costs — but the key question is, what is he betting on? The unrealized loss of 48,100 in ZEC may not seem large, but how much gas was needed to suppress it?
View OriginalReply0
MidnightSellervip
· 8h ago
Huang Licheng's move... 3 hours and another 246,000 yuan invested, truly treating ZEC as an ATM, not afraid of unrealized losses and keeps adding more, his mindset is incredible.
View OriginalReply0
EthMaximalistvip
· 8h ago
Huang Licheng's move... really just played around and ended up making over two million. We're still debating the tiny fluctuations of a few decimal points; the gap in vision is too wide.
View OriginalReply0
UncommonNPCvip
· 8h ago
Huang Licheng's move is indeed ruthless; risking $45 million just to make such a move. I just want to know what his mindset was like when he was at a loss.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)