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黄立成's $223,000 in NFT Proceeds Quickly Runs Out in Liquidation

Losses over the past four days reached $505,000, with additional losses listed on papertrade_xyz and Hyperliquid.

By Enna Lee
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Fifteen digital artworks line a gallery wall, with one display dark. / TokenPost.ai
Fifteen digital artworks line a gallery wall, with one display dark. / TokenPost.ai

黄立成 (@machibigbrother) was liquidated again after proceeds from selling 15 NFTs were quickly exhausted. The sales brought in $223,000, while his losses over the past four days reached $505,000.

His losses were listed at $909,000 on papertrade_xyz and $37.4 million on Hyperliquid. Hyperliquid is a trading venue.

A liquidation forcibly closes a leveraged position when a trader cannot meet margin requirements. 黄立成 has previously had a $250,000 USDC deposit nearly wiped out in a Hyperliquid liquidation.

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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