Huang Licheng reduced his holdings of 1606 ETH and held a long position, resulting in a cumulative weekly loss of 1.04 million US dollars

On March 31st, Coinbob monitoring showed that Huang Licheng's ETH long positions were experiencing intensified floating losses and were on the brink of liquidation in the short term. He reduced his holdings of 1606 ETH long orders, totaling approximately 3.23 million US dollars, and recorded a loss of approximately 34000 US dollars. His position size decreased from 11.35 million US dollars to 8.09 million US dollars, and the liquidation price was lowered to 2006 US dollars. On March 26th, Huang Licheng reopened his position with less than $100000 and later deposited an additional $700000. However, this round of decline reduced the account funds to about $250000, resulting in a cumulative weekly loss of $1.04 million.