Huang Licheng's 20K+ ETH Position Underwater by Nearly $400K as Market Data Reveals Trading Snapshot

ChainSpy · 2025-12-26T20:52:06+00:00

The essay discusses trader Huang Licheng's significant long position of 20,899 ETH, valued at around $96 million, despite facing an unrealized loss of $380,000 due to market volatility. It highlights the risks of large positions and the critical liquidation threshold of $2,725.4.

ChainSpy

2025-12-26 20:52:06

Abstract generation in progress

Blockchain tracking platform HyperInsight has captured a significant long position held by trader Huang Licheng, showcasing a snapshot of current market pressures. The data, reported on August 28, indicates that Licheng maintains approximately 20,899 ETH in long positions, currently valued at around $96 million USD.

Position Details and Risk Exposure

The entry point for this substantial ETH accumulation was established at $4,615.73 per token, a price level that now stands considerably higher than current market rates. At present, with ETH trading near $2.93K, the position carries an unrealized loss approaching $380,000. This represents the gap between the acquisition cost and today’s valuation across the entire holdings.

Liquidation Threshold

For risk management purposes, the liquidation price sits at $2,725.4 USD. This level represents a critical threshold—should ETH decline further to that price point, the position would face automatic liquidation depending on the leverage and margin structure. With the current price hovering above this danger zone, there remains a buffer, though the existing losses underscore the volatility challenges facing large position holders in the current market environment.

The case of Huang Licheng’s ETH long position serves as a timely reminder of both the scale of individual trader exposure and the risks inherent in directional bets during periods of price consolidation and downward pressure.

ETH-1,17%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.