「Buddy」 Huang Licheng reduces his ETH and HYPE long positions, with the remaining holdings still worth over $10 million, achieving a doubling of his initial investment today.

BlockBeats News, October 24th, According to HyperInsight monitoring, in the past three hours, Huang Licheng has closed ETH and HYPE long positions with a total reduction of $600,000. There is still a sell order at a $4,000 take-profit price. Currently, the ETH long position is $9.55 million, with a floating return rate exceeding 110% at one point. The total position value of the address is now about $11.23 million, with the principal increasing from $460,000 to $870,000.

Yesterday's news, on the 23rd, Huang Licheng opened an ETH long position at an average price of $3,785 at 5 o'clock, with a nominal value of over $9.6 million and a liquidation price of $3,711. Subsequently, a HYPE long position was established at an average price of $38.5, with a nominal value of about $1 million. In addition, after ETH touched the $3,700 support yesterday at 5 o'clock, it continued to rise and is now priced at $3,942.