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"Magi" Huang Licheng continues to accumulate ETH at lower prices and sell high, setting a new take-profit order targeting a bullish outlook up to $2,980

"Magi" Huang Licheng continues to accumulate ETH at lower prices and sell high, setting a new take-profit order targeting a bullish outlook up to $2,980

2025-12-24 10:23

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ChainThink report, December 24: According to HyperInsight monitoring, over the past 10 hours, Huang Licheng has continuously added long positions of 475 ETH within the ETH price range of approximately $2,932 to $2,942, increasing his position size by roughly $1.4 million. Subsequently, he placed partial profit-taking orders in the range of $2,960 to $3,125, which have now been partially executed.


Monitoring indicates that this address has maintained a continuous ETH long position since December 17, repeatedly engaging in high-sell low-buy strategies and rolling over additional longs. The current ETH long position size has increased from $13.2 million to $21.62 million, with an average entry price of $2,978, resulting in a floating loss of approximately $110,000 (around 13%), and a liquidation price at $2,870. Additionally, all previous long positions in HYPE and ZEC have been fully closed out.

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Disclaimer: Contains third-party opinions, does not constitute financial advice

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