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25d 4h ago

ETH Longs Slashed by Huang Licheng, $310K Loss Across ETH and UNI as Liquidation Looms at $3,370 ETH

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ETH Longs Slashed by Huang Licheng, $310K Loss Across ETH and UNI as Liquidation Looms at $3,370 ETH

According to HyperInsight monitoring, to avoid liquidation, Huang Licheng trimmed his ETH and UNI long exposure overnight, reporting a total loss of $310,000. The overall notional stands near $5.6 million, while the account balance has slipped below $200,000, underscoring liquidity pressure in volatile markets.

Earlier, the trader chased the uptrend by opening a 10x leveraged UNI long with a liquidation price near $7.70, contributing to roughly $1.4 million of losses over the past week and illustrating the amplified risk of aggressive leverage strategies.

Current exposure, per the latest read, shows a ETH 25x long at $50.44 million with a liquidation price around $3,370, and a UNI 10x long near $0.65 million with a liquidation price around $7.28.

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