Huang Licheng Opens 25x Ethereum Long After Liquidations, Also Launches 10x HYPE Bet

COINOTAG News, citing Hyperinsight monitoring, reports that after a sequence of liquidations, a trader identified as Huang Licheng opened a new, highly leveraged Ethereum long and a separate HYPE long. The ETH leg comprises 4,550 ETH at a 25x leverage, entered at $2,940.60 per ETH. The liquidation price is recorded near $2,735.30, with the position showing an unrealized loss of roughly $86,000 to date.

Separately, the same trader initiated a 10x long on HYPE, purchasing 15,888.88 HYPE tokens at $27.60. This position carries an unrealized loss around $4,000 as volatility persists.