The post Ethereum (ETH) Long Position Climbs to $21.6M as Huang Licheng Scales In, Placing Partial Take-Profit Orders at $2960-$3125 appeared on BitcoinEthereumNewsThe post Ethereum (ETH) Long Position Climbs to $21.6M as Huang Licheng Scales In, Placing Partial Take-Profit Orders at $2960-$3125 appeared on BitcoinEthereumNews

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.

Source: https://en.coinotag.com/breakingnews/ethereum-eth-long-position-climbs-to-21-6m-as-huang-licheng-scales-in-placing-partial-take-profit-orders-at-2960-3125

Market Opportunity
Ethereum Logo
Ethereum Price(ETH)
$2,930.58
$2,930.58$2,930.58
+0.06%
USD
Ethereum (ETH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.