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Woofun AI on-chain data shows that trader 'Brother Horse' Huang Licheng encountered forced partial liquidation during a sharp market downturn. His highly leveraged 25x Ethereum long position was significantly reduced, though he maintains a residual exposure through a 5x leveraged long position comprising approximately 2,900 ETH.
The trader's financial position reflects substantial downside pressure, with overall unrealized losses exceeding $35 million. When factoring in previous drawdowns, the total accumulated loss for Huang Licheng now surpasses $79.87 million, highlighting the severe risks associated with high-leverage strategies during periods of extreme market volatility.