「Buddy」 Huang Licheng has initiated a new heavy PUMP, forcibly closing XPL long positions.

BlockBeats News, September 29th, according to HyperInsight monitoring, in the past 12 hours, Huang Licheng engaged in a high-level wash trading PUMP of long positions at $0.006. After fully liquidating the position, he reopened PUMP long positions 6 hours ago and continued to add to them. As of 5:00 PM today (Beijing time), he has increased his holdings by 700 million tokens, totaling approximately $4 million. At the same time, this address placed sell orders at $1.35 to $1.43, liquidating XPL long positions, which are now more than 76% underwater, totaling $4.07 million.

According to monitoring, the total holding of this address is approximately $173 million, with the overall unrealized loss significantly expanding from earlier today. His main positions include: ETH long positions of around $132 million; XPL long positions of around $26.6 million; HYPE long positions of around $11 million.