Huang Licheng adds to his 25x ETH long, liquidation price at 2,333
Huang Licheng transferred 250,000 USDC into his account to add margin, increasing his 25x ETH long to 3,100 ETH, worth $7.37 million. The entry price is 2,370.67, and the liquidation price is 2,333.56. This is another high-stakes bet after his four-month run from $56,000 to $12.25 million ended with his balance falling back to $21,800.
The liquidation price is only 1.6% away from the current price. All 3,100 ETH are stacked at the 2,333 level—this leverage is out in the open, and market makers can sweep the orders at very little cost. If ETH breaks below 2,333, the $7.37 million long liquidation could push the price straight through 2,300, triggering the next wave of cascading liquidations. On the other hand, holding above 2,350 would offer some breathing room, with 2,420 as the first resistance on a rebound.
For those of you holding long positions, if your entry is between 2,330 and 2,370, are you willing to ride it out? If the market sells off across the board from here, are you placing bids to catch it or getting out first?
$ETH $BTC $SOL
Huang Licheng transferred 250,000 USDC into his account to add margin, increasing his 25x ETH long to 3,100 ETH, worth $7.37 million. The entry price is 2,370.67, and the liquidation price is 2,333.56. This is another high-stakes bet after his four-month run from $56,000 to $12.25 million ended with his balance falling back to $21,800.
The liquidation price is only 1.6% away from the current price. All 3,100 ETH are stacked at the 2,333 level—this leverage is out in the open, and market makers can sweep the orders at very little cost. If ETH breaks below 2,333, the $7.37 million long liquidation could push the price straight through 2,300, triggering the next wave of cascading liquidations. On the other hand, holding above 2,350 would offer some breathing room, with 2,420 as the first resistance on a rebound.
For those of you holding long positions, if your entry is between 2,330 and 2,370, are you willing to ride it out? If the market sells off across the board from here, are you placing bids to catch it or getting out first?
$ETH $BTC $SOL