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「Pal」 Li Chenghai fully closed his BTC long position, then liquidated his ETH long position at $3.1 million

2 hours ago

January 29 — Per HyperInsight monitoring data (via https://t.me/HyperInsight), "Pal" Huang Lizheng fully closed a prior BTC long position worth ~$1.8477 million in the past half-hour, then reallocated those funds into an ETH long position, adding roughly 1,200 ETH (≈$3.1 million). Post-reallocation, his 25x-leveraged ETH long position swelled to ~$28.8786 million, with an average entry price of $2,977. It currently faces an unrealized loss of ~$300,300. He also holds a 10x-leveraged HYPE long position valued at ~$1.09 million.
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