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21d 23h ago

Ethereum Whale Huang Licheng Boosts ETH Long to $24.76M at 25x Leverage, Faces $2.06M Unrealized Loss

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Ethereum Whale Huang Licheng Boosts ETH Long to $24.76M at 25x Leverage, Faces $2.06M Unrealized Loss

COINOTAG News, citing HyperInsight on November 15, reports that the trader nicknamed “Big Brother Whale,” Huang Licheng, has expanded his ETH long position to approximately $24.76 million, employing about 25x leverage. The position is currently recording an unrealized loss of around $2.06 million, with an average entry price of $3,418.22 and a liquidation price of $3,050.07.

Such elevated leverage underscores the risk in a volatile ETH market, where small price moves can quickly affect margin requirements. Investors should monitor margin levels and progress toward the liquidation threshold, as adverse swings can convert unrealized losses into realized outcomes.

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    Ethereum Whale Huang Licheng Boosts ETH Long to $24.76M at 25x Leverage, Faces $2.06M Unrealized Loss - Breaking News