Ethereum Dives Below $3,000 as Huang Licheng’s 25x ETH Long Is Liquidated to 1,360 ETH (Liquidation Price at $2,976)

According to Hyperinsight monitoring, Ethereum breached the $3,000 mark earlier today, prompting notable risk activity in leveraged trades. In a reported move, trader known as “Brother Big V” Huang Licheng topped up by 250,000 USD and extended a 25x ETH long position, underscoring ongoing appetite for high‑leverage exposure amid volatile price action. COINOTAG News, citing market flows, described the move as part of a broader session of liquidations and position rebalancing across decentralized venues.

Current data show the trader’s position has contracted to 1,360 ETH from an intraday peak around 4,800 ETH, leaving about 28% of the original exposure intact. The latest liquidation threshold has slipped to roughly $2,976 per ETH, reflecting tighter risk parameters as price pressure persists. The episode highlights the sensitivity of high‑leverage bets to Ethereum price swings and the ongoing discipline in margin management across crypto derivatives desks.