ETH Long Positions Partially Liquidated as Crypto Market Slump Triggers $138,500 Loss

COINOTAG News, October 30 — per OnchainLens data, the persistent crypto market downturn coincides with a partial forced liquidation at an address linked to Huang Licheng, highlighting elevated risk in leveraged portfolios.

The move involved long positions in ETH, HYPE, and PUMP, underscoring cross-asset exposure within a single margin account as prices extended lower.

Initial estimates place the loss at approximately $138,500, a tangible reminder of downside risk amid liquidity constraints.

This incident reinforces prudent risk management and ongoing surveillance for traders operating in volatile crypto markets.