Huang Licheng's 5 times leverage long HYPE position currently has a floating loss of US$1.81 million
According to online reports, according to monitoring by chain analyst Yu Ember, Huang Licheng is currently losing US$1.81 million on the contract. After he purchased 200,000 HYPE in spot at a price of US$29.4 some time ago, he used the contract to make 530,000 HYPE more with 5 times leverage, with an average opening price of US$35.5. With the correction in HYPE prices in the past two days, HYPE, whose contract was long, has now lost US$1.81 million. However, the 200,000 HYPE he holds in cash still has a profit of US$520,000.
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