BREAKING
Ethereum Long Position Liquidated for Over $500K on 25x Leverage (8,100 ETH) — Entry $2,972.52, Liquidation $2,870.73
ETH
ETH/USDT
$1,678.05
+0.64%
$1,678.05
+0.64%
(24s)24h Volume
$6,828,809,090.36
24h H/L
$1,691.07 / $1,653.74
Change: $37.33 (2.26%)
Long/Short
71.0%
Long: 71.0%Short: 29.0%
Funding Rate
+0.0042%
Longs pay
Data provided by COINOTAG DATALive data
COINOTAG News, reporting on December 26, cites HyperInsight data indicating that a long Ethereum position linked to Huang Licheng’s “Friendship” address was liquidated at a loss exceeding $500,000. The trade comprised 8,100 ETH at 25x leverage, with an entry price near $2,972.52.
The liquidation price stood at about $2,870.73 as price action moved against the position. The address has registered losses of roughly $500,000 over the past seven days and around $3.91 million in the previous month, underscoring the risk profile of highly leveraged crypto bets.
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