Huang Licheng, also known as "Maji," has placed significant profit-taking orders for Ethereum (ETH) as monitored by Hyperinsight. On April 17, Licheng increased his holdings in ETH, Bitcoin (BTC), and HYPE, subsequently setting sell orders for ETH between $2,365 and $2,425. The total order size is approximately $4.25 million.
Currently, Licheng holds a 25x leveraged long position in ETH, valued at $32.8 million, with an average entry price of $2,253 and a liquidation price of $2,148. This position is the largest ETH long on the Hyperliquid platform, highlighting Licheng's significant market influence.
Huang Licheng Sets ETH Profit-Taking Orders Amid Market Activity
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