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
$2,746.31
+6.33%
$2,746.31
+6.33%
(24s)24h Volume
$16,682,385,602.58
24h H/L
$2,749.98 / $2,567.52
Change: $182.46 (7.11%)
Long/Short
56.2%
Long: 56.2%Short: 43.8%
Funding Rate
+0.0065%
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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