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21d 11h ago
Ethereum News: Huang Licheng’s ‘Big Brother Whale’ Liquidates 1,800 ETH at $3,185.7, Keeps 7,200 ETH Long at 25x Leverage
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COINOTAG News, December 11, citing on-chain data tracked by LookIntoChain, notes that the ETH long position linked to the address nicknamed “Big Brother Whale” Huang Licheng was liquidated at approximately $3,185.7 during a recent dip. The event involved 1,800 ETH liquidated, about $5.73 million, underscoring margin risk in high‑leverage crypto trading amid a softer market.
Current on-chain readings indicate a remaining ETH long exposure of 7,200 ETH (roughly $22.93 million) at 25x leverage, with a floating loss near $540,000. The data emphasize prudent risk management for large-capacity traders navigating ongoing Ethereum market volatility.
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