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.
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.
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