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Crypto

Hong Li Chang's Massive ETH Long Position on Brink of Liquidation

Guavy AI Editorial Team
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ETH
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ChainCatcher's analysis revealed that Hong Li Chang, known as '清算之王' (the King of Liquidation), has reduced his Ethereum long positions to approximately 9600 units. This marks a significant decrease from his previous holdings.

The current market price is mere $16 away from the liquidation price, indicating that Hong Li Chang's position is extremely close to being triggered.

ChainCatcher's data suggests that Hong Li Chang's 165,750 ETH long positions are being gradually reduced. This development has sparked interest among traders and analysts in the crypto community.

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