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

ETH

ETH/USDT

$3,322.49

-0.17%

$3,322.49

-0.17%

(24s)

24h Volume

$19,687,339,764.06

24h H/L

$3,384.19 / $3,273.72

Change: $110.47 (3.37%)

Long/Short

61.2%

Long: 61.2%Short: 38.8%

Funding Rate

+0.0049%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$3,321.46

▲ 0.08%

Volume (24h): -

Resistance Levels

Resistance 3$3,577.55

Resistance 2$3,433.08

Resistance 1$3,352.41

Price$3,321.46

Support 1$3,316.58

Support 2$3,187.28

Support 3$3,079.11

Pivot (PP):$3,321.70

Trend:Uptrend

RSI (14):63.2

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.

Share News: