Crypto Investor Huang Licheng Faces Significant Losses

PANews posted on X (formerly Twitter) that Huang Licheng, a prominent crypto investor, has experienced substantial losses over the past week, totaling $2.16 million. This loss nearly erases his profits from the previous month, leaving him with approximately $187,000 in gains. Huang currently holds long positions in Bitcoin (BTC) and Ethereum (ETH) valued at around $40.59 million. His holdings include 14,150 ETH, worth approximately $32.41 million, and 101 BTC, valued at about $8.18 million. These positions are currently showing a floating loss of approximately $484,000.