Ethereum Whale Huang Licheng Holds 2,515.2 ETH Long at 25x Leverage; Liquidation Near $3,025
On-chain monitoring (HyperInsight, cited by COINOTAG) shows an address linked to prominent whale Huang Licheng opened and scaled a large ETH perpetual long using 25x leverage. The position currently stands at 2,515.2 ETH with notional exposure around $7.7 million and an unrealized loss near $330,000. Earlier reporting noted a similar large 25x ETH long scaled to roughly $12.2 million notional and carrying significant intraday unrealized losses — the newer update refines size and notional, and reports the whale trimmed 628.8 ETH within the last half hour, suggesting active risk management. HyperInsight estimates the liquidation price for the current leveraged long at approximately $3,025. Key takeaways for traders: monitor ETH price near the reported liquidation level (~$3,025–$3,056 in earlier reports); large concentrated leveraged longs can amplify short-term volatility and increase liquidation cascades; recent trimming may indicate de-risking or rebalancing by the whale. Traders should maintain strict position sizing, track on-chain wallet flows, leverage metrics and stop-out thresholds when following high-profile wallets.
Neutral
The news is neutral in directional price terms but highlights elevated short-term risk. A large 25x ETH long concentrated in a single whale wallet increases the chance of exaggerated intraday volatility and potential liquidation cascades if ETH moves against the position. The reported unrealized loss (~$330k) and recent trimming of 628.8 ETH point to active risk management rather than a confident accumulation, which reduces sustained bullish implications. In the short term, this can cause heightened price sensitivity near the estimated liquidation price (~$3,025), increasing downside risk and possible sharp swings. Over the medium to long term, a single leveraged position — even a sizable one — is unlikely to change ETH’s fundamental outlook unless many similar leveraged positions exist or market liquidity is thin; thus the overall directional impact is limited. Traders should treat the report as a risk signal: consider narrower stop-losses, reduced position sizes, and monitor on-chain leverage and wallet flows for further cues.