As of August 28, HyperInsight monitoring shows wallet operator Huang Licheng, known as “Big Brother Whale,” holding 20,899 ETH long positions, representing a notional exposure of roughly $96 million.
The positions currently reflect a mark-to-market unrealized loss of about $380,000, based on an average opening price of $4,615.73, consistent with on-chain analytics and position-level reporting.
The reported liquidation price for the aggregated long exposure is $2,725.4; risk managers and institutional traders reviewing the data should evaluate margin requirements and leverage metrics when assessing potential portfolio impact.