Ethereum Trader Huang Lizheng Raises 5x ETH Long to $34.4M, Liquidation Price $3,213.50
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
COINOTAG News, December 10, citing HyperInsight monitoring, reports that the trader nicknamed ‘Big Brother Ma’ — Huang Lizheng — added to a Ethereum long position roughly 30 minutes ago.
The 5x leveraged ETH long carries a current notional value of approximately $34.4 million, with an entry price of $3,188.9 and a liquidation threshold noted at $3,213.5.
As of now, the trade shows an unrealized profit of about $1.27 million, highlighting how margin-based bets can translate modest price moves into meaningful mark-to-market changes in the ETH market.
This development illustrates risk-management dynamics in the cryptocurrency derivatives space, where elevated leverage can amplify volatility. Readers should monitor margin requirements and liquidity conditions in perpetual ETH trading to assess ongoing risk exposure.