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Huang Licheng has basically pulled back all of the previous profit of 22.45 million dollars by going long on ETH/HYPE/PUMP.
PANews August 3 news, according to on-chain analyst Yu Jin's monitoring, Ma Ji brother Huang Li Cheng's go long ETH/HYPE/PUMP has basically returned all the previous profits of 22.45 million USD made on ETH and HYPE (unrealized losses 18.95 million USD). It started going long on HYPE at $27.5 through spot + contract in mid-May, then started going long on ETH at $2,654 at the end of May, with profits reaching as high as $22.45 million in late July. After entering August, the market began to pull back, and its long positions on ETH/HYPE/PUMP started to incur unrealized losses, and so far it has given back the previous profit of $22.45 million down to $3.5 million.