Well-known trader Huang Licheng's recent trading review: 27 long positions with only 15 profitable, currently holding leveraged positions in ETH/BTC/HYPE

【Crypto World】Recently, I came across some interesting data. The well-known trader Huang Licheng’s trading records from the past month have been exposed—this guy didn’t take any short positions at all, instead he made 27 long trades in one go. The result was 15 profitable trades and 12 losing trades, with a win rate of 55.56%, but ultimately a net loss of $3,515,000. Sounds a bit heartbreaking, right?

What’s even more interesting is his current position allocation. 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 outlook.

However, looking at this month’s performance, even industry insiders can’t escape the market’s unpredictable “poison hand.” A win rate of just over 55% sounds decent, but it couldn’t prevent the account from losing so much. This also shows that in the crypto market, regardless of experience, risk management and position control are key to the final outcome. Fellow traders, you can use this data as a cautionary example.