According to @ai_9684xtpa, Huang Licheng, a close friend of Huang's, initially increased his holdings in the early morning hours before selling them at a loss, leaving him with a floating loss of

CoinFeed reported on August 2nd that according to @ai_9684xtpa, Huang Licheng, a close friend, initially increased his holdings in the early morning hours and then subsequently sold them at a loss, leaving his remaining position with a floating loss of $18.5 million. He made small increases in ETH, HYPE, and PUMP during the market's rapid decline between 12:00 AM and 4:00 AM, then sold his positions after a brief rebound at 5:00 AM, only to see his losses fall again. His remaining position is currently worth $149 million, of which ETH has almost equaled his floating loss in PUMP, exceeding $6 million.