Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
Ethereum (ETH) Long Position Climbs to $21.6M as Huang Licheng Scales In, Placing Partial Take-Profit Orders at $2960-$3125

Ethereum (ETH) Long Position Climbs to $21.6M as Huang Licheng Scales In, Placing Partial Take-Profit Orders at $2960-$3125

Coinotag2025/12/24 02:33
By: Coinotag
HYPE-0.15%ETH-0.06%

According to HyperInsight, over the past 10 hours, Huang Licheng expanded his ETH long position by 475 tokens as prices hovered in a $2,932–$2,942 range, adding roughly $1.4 million to exposure.

He subsequently placed partial take-profit orders in the $2,960–$3,125 band, with a portion already filled, signaling disciplined risk management around Ethereum exposure.

Since December 17, the address has maintained a persistent long ETH exposure, executing recurring scaling into the position amid multiple entry and exit cycles.

Current data show the ETH long position rising from $13.2 million to $21.62 million, with an average entry price of $2,978, an unrealized loss of about $110,000 (roughly 13%), and a liquidation price near $2,870.

Earlier long bets in HYPE and ZEC have been closed, completing a repositioning of the trader’s crypto exposure.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
US ETF Market Hits Triple Crown While BTC Bleeds and XRP Soars
2
Altcoin Market Cap Breaks 90-Day Downtrend: 5 Crypto Coins Worth Risking as TOTAL Eyes an 80% Upside Move

Crypto prices

More
Bitcoin
Bitcoin
BTC
$87,792.05
+0.58%
Ethereum
Ethereum
ETH
$2,945.44
+0.05%
Tether USDt
Tether USDt
USDT
$0.9994
-0.00%
BNB
BNB
BNB
$844.4
+0.47%
XRP
XRP
XRP
$1.87
+0.46%
USDC
USDC
USDC
$0.9999
+0.01%
Solana
Solana
SOL
$122.61
-0.01%
TRON
TRON
TRX
$0.2801
-1.10%
Dogecoin
Dogecoin
DOGE
$0.1287
+0.16%
Cardano
Cardano
ADA
$0.3602
+0.11%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter