「Bitcoin Maximalist」 Abandons Long Position on BTC to Increase Long Position on ETH, Ethereum Investment Showing $1.96 Million Unrealized Gain

BlockBeats News, August 23rd, according to TradingBeats (formerly Hyperinsight) monitoring, the "Swag Brother" Huang Licheng failed to go long on Bitcoin 40 times today, just liquidated a $24.3 million long position from his second attempt, resulting in a slight loss of $165,000.

At the same time, Swag Brother increased his ETH long position to $75 million, with an entry price of $2,370, enjoying a floating profit of $1.96 million.

Swag Brother also holds a HYPE long position worth approximately $19.85 million, with an average entry price of $79.4; holds a PUMP long position worth around $4.87 million.