ETH long positions
Huang Licheng, known as “Brother,” has liquidated his long positions in Ethereum multiple times, with the liquidation price now at $3,827. This recent activity indicates a strategic move in response to market conditions. Liquidation occurs when the value of an asset falls below a certain threshold, prompting the closure of positions to prevent further losses. Huang’s actions reflect the volatility often seen in cryptocurrency markets, where prices can fluctuate significantly. The decision to liquidate long positions suggests a cautious approach amid changing market dynamics.
