「Hodler」 Fearless in the Face of Liquidation, Doubles Down on Long Position, Loses Over $1 Million in a Week

BlockBeats News, June 3rd, according to HyperInsight monitoring, as Ethereum once dropped below $1900, the "Big Brother Whale" Huang Licheng's ETH long position was partially liquidated 4 times in the past 1 hour. Subsequently, he initiated 6 more partial liquidations to add to his long position. He is currently long 600 ETH with 25x leverage, incurring a floating loss of $35,000. In the past week, his perpetual contracts alone have lost $1.005 million.