「Brotherhood」 Justin Sun Reduces ETH Holdings, Closes HYPE Long Positions, Increases Initial Investment from 460K to 1.92M USD in 5 Days

BlockBeats News, October 27th, according to HyperInsight monitoring, in the past 7 hours, Huang Licheng partially closed ETH long positions in the $4068 to $4200 range, totaling $1 million in reductions. The current ETH long position is still at $9.26 million, with a floating return rate exceeding 240% at one point. At the same time, his HYPE long positions have reduced by over 5000 coins today, with a floating return rate exceeding 150%. The total value of the address's current holdings is approximately $11.66 million, with the principal increasing from $460,000 on the 23rd to the current $1.92 million.

Previously reported, Huang Licheng opened ETH long positions on the 23rd at an average price of $3785, with a nominal value of over $9.6 million and a liquidation price of $3711. He then established HYPE long positions at an average price of $38.5, with a nominal value of approximately $1 million.