ETH Whale Licheng Huang Closes 25x Long, Opens 10x Long in HYPE Token

According to OnchainLens data dated October 22, the wallet nicknamed “Big Brother Whale“—the address associated with Licheng Huang—has begun unwinding a sizeable ETH long, leveraged at 25x, to realize gains. The move signals disciplined profit-taking among top holders and may indicate a shift in directional exposure amid ongoing crypto market volatility.

Concurrently, that same address opened a fresh 10x leverage long position in the HYPE token, suggesting a pivot toward targeted token-specific plays within the decentralized ecosystem. As tracked by OnchainLens, the repositioning appears tactical rather than a broad risk expansion, offering readers insight into how large holders calibrate leverage and entry points in niche assets.