coin-img-TRUSTTRUST-1.18%coin-img-KITEKITE-3.83%coin-img-ETHETH-1.15%coin-img-BTCBTC-1.49%coin-img-SOLSOL-1.04%coin-img-XRPXRP-4.35%coin-img-ASTERASTER-1.31%coin-img-USDCUSDC+0.03%coin-img-TRUSTTRUST-1.18%coin-img-KITEKITE-3.83%coin-img-ETHETH-1.15%coin-img-BTCBTC-1.49%coin-img-SOLSOL-1.04%coin-img-XRPXRP-4.35%coin-img-ASTERASTER-1.31%coin-img-USDCUSDC+0.03%coin-img-TRUSTTRUST-1.18%coin-img-KITEKITE-3.83%coin-img-ETHETH-1.15%coin-img-BTCBTC-1.49%coin-img-SOLSOL-1.04%coin-img-XRPXRP-4.35%coin-img-ASTERASTER-1.31%coin-img-USDCUSDC+0.03%coin-img-TRUSTTRUST-1.18%coin-img-KITEKITE-3.83%coin-img-ETHETH-1.15%coin-img-BTCBTC-1.49%coin-img-SOLSOL-1.04%coin-img-XRPXRP-4.35%coin-img-ASTERASTER-1.31%coin-img-USDCUSDC+0.03%

ETH Long Position Closed at $2.29M Loss as Tether Adds 961 BTC Worth $97.34M

A trader closed approximately $10 million in 25x leveraged ETH long positions at a $2.29 million loss and withdrew remaining collateral of around $2.17 million over the past 24 hours, Hyperinsight data show. Huang Licheng re-entered Hyperliquid with about $500,000 on Wednesday evening, establishing 25x leveraged ETH longs; after multiple liquidations, he added collateral 8 hours ago and currently holds approximately $10 million in ETH long positions with an entry price of $3,334.35 and liquidation price of $3,204.10. Separately, Tether increased its Bitcoin holdings by 961 BTC valued at $97.34 million, bringing total holdings to 87,290 BTC worth $8.84 billion.
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