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