According to COINOTAG reporting and HyperInsight monitoring on September 11, on-chain data shows Ethereum (ETH) trading above $4,400 coincided with a notable limit order placed by the whale known as Huang Licheng for 10,700 ETH within the $4,417–$5,000 range, with a documented long entry price near $4,350.

The same data set indicates his 15x leveraged ETH long position currently holds approximately 26,800 ETH, reflecting an unrealized profit of about $1.48 million. This concentrated, leveraged exposure underscores the importance of tracking ETH whale activity for market liquidity assessment and risk monitoring, without implying future price direction.