Ethereum Whale Huang Licheng’s 25x ETH Long Liquidated for $1.57M, Reopens Another 25x Position as Total Loss Reaches $13.76M
ETH/USDT
$37,939,871,804.04
$2,293.99 / $2,068.20
Change: $225.79 (10.92%)
+0.0040%
Longs pay
COINOTAG News, on October 23 and citing Onchain Lens data, reports that a prominent trader nicknamed ‘Big Brother Whale’ Huang Licheng saw a complete liquidation of his ETH position drawn with 25x leverage. The move generated a realized loss of $1.57 million, underscoring the risk profile of extreme leverage in crypto markets.
Following the liquidation, Huang Licheng opened a fresh 25x ETH long exposure, preserving a leveraged stance on Ethereum despite prior drawdowns. The episode signals persistent appetite for high-leverage bets among sizable traders during periods of volatility.
Current figures show his total losses have climbed to about $13.76 million, highlighting amplified downside risk with aggressive leverage and reinforcing the need for disciplined risk management within crypto trading.