PANews reported on October 12th that on-chain analyst @ai_9684xtpa reported that Huang Licheng had closed out his long position in HYPE two hours ago, suffering another $276,000 loss. This brings Huang Licheng's losses to $49.59 million over the past month, and his HL account's overall loss to $11.03 million. He currently holds 2,700 ETH (US$10.3 million) in long positions, with an average opening price of $3,806.09, resulting in a floating profit of $29,000.