「Buddy」 Liquidates Nearly 500 Times Before Making a Comeback: Turns $152,000 into $12.8 Million in 3 Days

BlockBeats News, August 22nd, according to LookIntoChain monitoring, the address associated with the "Big Brother Whale" Huang Lizheng has recently experienced a significant turnaround in transaction activity. After nearly 500 liquidation events, the account managed to grow $152,000 to $12.8 million in just 3 days, resulting in a profit of over $12.6 million.

The "Whale" seems to no longer need to sell Bored Ape Yacht Club (BAYC) NFTs to maintain its leveraged long position. Previously, the "Whale" had been selling BAYC NFTs several times to top up collateral while maintaining an ETH long position on Hyperliquid, attracting widespread market attention.