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Huang Licheng’s Crypto Account Reaches $450,000 in Total Unrealized Losses

Losses on Ether and HYPE positions totaled $530,000, partly offset by gains on Bitcoin and PUMP positions.

Mentioned assets
A phone beside metal tokens on a dimly lit tabletop / TokenPost.ai
A phone beside metal tokens on a dimly lit tabletop / TokenPost.ai

Huang Licheng’s crypto account had a total unrealized loss of $450,000 on Oct. 3, with gains on Bitcoin and PUMP positions partly offsetting losses on Ether and HYPE.

The Ether and HYPE positions had a combined unrealized loss of $530,000. A 25x leveraged long of 37,000 Ether (ETH), with an average entry price of $2,688.97, was down $250,000.

A 10x leveraged long of 181,000 HYPE, entered at an average price of $89.74, showed a $280,000 unrealized loss. Huang continued adding to HYPE and PUMP long positions.

Other positions showed gains: a 40x leveraged long of 300 Bitcoin (BTC), entered at an average price of $84,719.50, was up $41,000. A 10x leveraged long of 1.2 billion PUMP tokens, entered at $0.01, showed a $42,000 gain.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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