[Chain News] Huang Licheng recently deposited 250,000 U into HyperLiquid, continuing to increase the position on his 25x leveraged ETH long order.
So what’s the result? He still can’t escape the fate of being liquidated. After this round of operations, his paper loss has already exceeded 21.2 million dollars. High leverage trading is indeed thrilling, but the cost is really painful.
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YieldChaser
· 10h ago
This guy is really playing with leverage with his life.
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RumbleValidator
· 10h ago
Do you still dare to increase the 25x leverage? There is a stability issue with this Node, and the risk control mechanism is practically nonexistent. What do we get in exchange for over twenty million dollars, a systemic cognitive defect?
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BearMarketNoodler
· 10h ago
The 25x leverage is still struggling, this guy is truly a textbook example of how not to do it.
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FarmHopper
· 10h ago
Using 25x leverage and still willing to increase... it's really like burning money as if it were paper.
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BridgeNomad
· 10h ago
so basically... 25x leverage on hyperLiquid is just asking the liquidation engine to audit your portfolio, ngl. seen this movie before with poly bridge summer of '21 - different protocol, same end state: negative balance sheet
the counterparty risk assumption here isn't even the bridge mechanics anymore, it's just... time. and time always collects
Huang Licheng uses 25x leverage to chase rising prices of ETH, with a cumulative loss exceeding 21.2 million USD.
[Chain News] Huang Licheng recently deposited 250,000 U into HyperLiquid, continuing to increase the position on his 25x leveraged ETH long order.
So what’s the result? He still can’t escape the fate of being liquidated. After this round of operations, his paper loss has already exceeded 21.2 million dollars. High leverage trading is indeed thrilling, but the cost is really painful.