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

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