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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.
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