Huang Licheng Reduces 25x Leveraged ETH Long Position, Liquidation Price at $1,553, PnL Turns Positive

Huang Licheng Cuts 25x Leveraged ETH Long

ChainCatcher reports, citing Hyperbot data, that Huang Licheng, a well-known trader, has slightly reduced his 25x leveraged long position on Ethereum. After the reduction, his position still holds 1,200 ETH with a liquidation price temporarily at $1,553. The current return on investment has turned positive, standing at 0.53%.

Although this is a minor adjustment, Huang's position changes are closely watched by the market. With 25x leverage, the liquidation price of $1,553 means the position would face forced liquidation if ETH drops below that level. The current price remains above the liquidation threshold, leaving some buffer.