COINOTAG News, on December 17, citing Hyperinsight, reported that the so‑called “Big Brother Whale” Huang Licheng deposited approximately 1.1997 million USDC into Hyperliquid about seven hours ago to extend a bullish ETH posture.

Funds appear largely allocated to a 25x ETH long, with a position size near 4,050 ETH and a notional value around $1.19 million, carrying a liquidation price of roughly $2,694.

Current figures show the Big Brother Whale has accumulated a net loss of about $21.21 million on Hyperliquid, underscoring the heightened risk profile associated with leveraged crypto exposure.