Huang Licheng liquidated his positions in XPL and other contracts on Hyperliquid, incurring losses exceeding 21.53 million USD

Huang Licheng’s closure of positions in XPL, ASTER, and PUMP resulted in about 21.53 million USD in losses, erasing around 40 million USD in previous profits.

Despite these losses, Huang retains substantial long positions in ETH and HYPE on Hyperliquid, including 29,600 ETH and 385,000 HYPE.