Rewards Hub Huang Licheng has expanded his long position in Ethereum, acquiring 7,500 ETH with 25x leverage, according to HyperInsight monitoring on April 5. The position, valued at approximately $15.24 million, was entered at an average price of $2,073.10 per ETH, with a liquidation threshold set at $1,988.30.
Currently, Huang is facing an unrealized loss of $306,000 on this leveraged position. The move reflects a significant bet on Ethereum's price trajectory, with the high leverage amplifying both potential gains and risks.
Huang Licheng Takes 7,500 ETH Long Position with 25x Leverage
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