According to ChainCatcher, data from on-chain analytics platform Hyperbot shows that the 25x leveraged long position on Ethereum held by prominent crypto figure Huang Licheng (Machine Huang) was partially liquidated in the past hour. The remaining position now stands at only 880 ETH, with an unrealized loss of approximately $22,000. The liquidation price is currently reported at $1,543, and the return on investment has dropped to -39.85%, highlighting the extreme risk of high leverage during volatile market conditions.
This liquidation event serves as a stark reminder that with 25x leverage, a mere 4% adverse price move in ETH can trigger a margin call. Given Huang's remaining position, if Ethereum's price falls further toward $1,543, his entire position could face full liquidation. Previously, the address had entered with substantial leverage but failed to reduce exposure or add margin amid the market correction.