「Flashbots」 Front-Runs Sandwich Bots, ETH Long Liquidation Reaches Just Under $50

BlockBeats News, May 14th, according to Hyperinsight Monitoring, in the past two hours, "Pal" Huang Licheng once again increased his ETH long position by about 550 coins, raising the average entry price. The liquidation price subsequently rose to $2,220. The current ETH price is only $47 away from its liquidation price. The $20.4 million long position has become the closest ten-million-dollar ETH long position to liquidation on the Hyperliquid platform.

Since Pal Huang Licheng last revealed his full funds on March 26th, he has deposited a total of $1.195 million into the platform. As of the time of writing, the actual funds in the account are only about $850,000. Despite frequent position rolling and leveraged operations in the past month and a half, instead of accumulating profits, he has incurred a net loss of about $345,000.

Currently, the address holds a $20.4 million ETH long position and a $4 million BTC long position, with a total unrealized loss of about $500,000.

Address: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872

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