Huang Licheng’s ETH long position has a floating profit of $1.3 million after 12 days; HYPE lost $270,000 and has been fully liquidated.

2025-12-05 01:40:29

[BlockBeats] December 5 news, well-known figure Huang Licheng has been active in ETH long positions recently.

Starting with the good news: he partially closed his ETH longs, pocketing $90,000 in this round of operations. He still holds ETH long positions worth about $35.41 million, with unrealized profits of $1.3 million, a return rate of 93%, and an average entry price locked at $3,043.

However, things didn’t go as smoothly with HYPE—he fully closed his positions early this morning, actually losing about $270,000.

Let’s review his operation path: on the evening of November 24, this address deposited about $1 million into the Hyperliquid platform. He then opened a long position in ETH at $2,822, immediately bringing the position size up to $13.5 million.

Over these 12 days, he didn’t sit idle—constantly closing and rolling positions to adjust his strategy. Now his principal has grown to $2.55 million. The ETH trade turned out to be a beautiful win, though the $270,000 loss on HYPE is a bit of a pity.

ETH0.38%

HYPE-0.99%

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FalseProfitProphet

· 12-05 17:02

ETH was indeed impressive this time, a 93% return is reasonable, but that 270,000 loss on HYPE really hurts... the ratio doesn’t add up.

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SchroedingersFrontrun

· 12-05 02:10

Making 1.3 million from ETH should be satisfying enough; don’t be too greedy. Losing 270,000 on HYPE can be considered a tuition fee. With moves like Huang Licheng’s, how many years would it take an ordinary person to build up that kind of capital? Clearing out HYPE was the right move; cutting losses in time is much better than stubbornly holding on. This round with ETH was indeed impressive; averaging in at 2043 was some incredible luck. A 270,000 loss might just be pocket change for him; the key is to see what he does next. All in all, the principal has grown to 2.55 million—that’s the real logic of making money. Taking a loss on HYPE is one thing, but as long as the key ETH level holds, there’s still a chance.

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DataBartender

· 12-05 02:09

ETH made a killing, but HYPE lost 270,000 in one go—this is the gambler's mentality... The long position looks great, but it's scary if there's a pullback and it backfires.

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CryptoTarotReader

· 12-05 02:01

Jeffrey Huang played this round of ETH amazingly well, pocketing a floating profit of 1.3 million just like that. On the flip side, losing 270,000 on HYPE is also wild. But honestly, this kind of frequent rolling over is still pretty risky... I guess these are the rules of the game for big players. All we can do is envy them.

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DarkPoolWatcher

· 12-05 01:54

ETH made a huge profit this time, while HYPE got completely wrecked... It really is a mix of gains and losses.

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AirdropworkerZhang

· 12-05 01:49

Made a fortune with ETH, but took a huge loss with HYPE. This contrast... kinda stings.

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ForkThisDAO

· 12-05 01:44

ETH really made a killing, but that 270,000 loss on HYPE really hurts.