Ethereum Whale Huang Licheng Boosts ETH Long to $24 Million in 10 Minutes After Exiting HYPE Position

ETH

ETH/USDT

$2,660.61

+3.43%

$2,660.61

+3.43%

(24s)

24h Volume

$13,207,547,993.36

24h H/L

$2,707.70 / $2,567.52

Change: $140.18 (5.46%)

Long/Short

55.4%

Long: 55.4%Short: 44.6%

Funding Rate

+0.0070%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,668.93

▲ 0.90%

Volume (24h): -

Resistance Levels

Resistance 3$2,979.88

Resistance 2$2,745.64

Resistance 1$2,675.29

Price$2,668.93

Support 1$2,601.09

Support 2$2,425.51

Support 3$2,291.06

Pivot (PP):$2,619.81

Trend:Uptrend

RSI (14):67.4

According to HyperInsight monitoring on December 29, a prominent wallet nicknamed “Big Brother Whale” tied to Huang Licheng closed a HYPE long position after roughly an hour, securing a modest gain near $3,000.

Moments later, the trader escalated his ETH exposure, boosting the long position to around $24 million within about ten minutes. The entry was set at $2,973.44, with a liquidation price of $2,813.72.

This sequence highlights ongoing risk–reward dynamics in the crypto market and demonstrates how high-conviction participants adjust levered exposure near critical price levels.

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