Ethereum (ETH) Long Position Reaches 2,000 ETH at 25x Leverage as Huang Licheng Deposits USDC into Hyperliquid, Highlights $257k Unrealized Loss

COINOTAG News, on December 1, citing Hyperinsight, reports that “Brother Ma” Huang Licheng deposited 249,847 USDC to Hyperliquid to scale his ETH long exposure, lifting leverage to above 25x. At press time, the position stood at 2,000 ETH, about $5.48 million, with an unrealized loss of $257,189 (-114.57%), while the liquidation price sits near $2,662.

The move highlights how extreme gearing can magnify crypto exposure. The additional USDC liquidity supports a sizable ETH stake on Hyperliquid, but the current unrealized loss underscores the risk in highly leveraged crypto trading. With a liquidation price around $2,662, the position carries a tight margin for adverse price action, underscoring the need for disciplined risk controls in volatile markets.