【Crypto World】Recently, I came across a set of interesting data. The trading record of well-known industry trader Huang Licheng from the past month has been exposed—this guy has never taken a short position, instead executing 27 long trades in one go. Out of these, 15 were profitable and 12 were losing trades, with a win rate of 55.56%, but ultimately ending with a net loss of $3.515 million. Sounds a bit heartbreaking, doesn’t it?
Even more interesting is his current position allocation. He is using 25x leverage to go long on Ethereum, holding 5,250 ETH with an average price of $2,942; 40x leverage to go long on Bitcoin, holding only 11 BTC with an average price of $88,321; and 10x leverage on HYPE, accumulating 38,888 tokens at an average price of $24. This leverage choice is indeed aggressive—25x on Ethereum, 40x on Bitcoin, which shows how optimistic he is about the market’s future.
However, looking at this month’s performance, even industry insiders cannot escape the market’s unpredictable "poison hand." Slightly over 55%...