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「Big Brother Whale」 Huang Licheng recently went long, causing him to give back over 20 million US dollars in profits.
BlockBeats News, August 3rd, according to cinder monitoring, Big Brother MaJi Huang Licheng's long position on ETH/HYPE/PUMP this time has basically given back all of the $22.45 million in profits he had previously made on ETH and HYPE.
Starting from mid-May at $27.5, he began longing HYPE through spot + futures, and started longing ETH at $2,654 at the end of May. By late July, his profits had soared to $22.45 million.
As the market began to pull back in August, his long positions on ETH/HYPE/PUMP started to lose money, and he has now given back the previous $22.45 million profit, down to $3.5 million.
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