Whale Movements | Huang Licheng closes HYPE position with only a $3,000 profit, then re-enters heavily into ETH to reach 24 million

PriceOracleFairy · 2025-12-29T02:58:19+00:00

Well-known investor Huang Licheng closed his HYPE long position on December 29th, earning $3,000, and quickly increased his ETH long position to $24 million, indicating a re-adjustment of trading strategy. This move provides market participants with a reference to understand market sentiment.

PriceOracleFairy

2025-12-29 02:58:19

Abstract generation in progress

【Blockchain Rhythm】An interesting event happened on December 29th. Renowned investor Huang Licheng closed his HYPE long positions within nearly an hour, with a profit that wasn’t too impressive—only $3,000. However, he didn’t stay idle; immediately afterward, he significantly increased his ETH long positions within about 10 minutes. The scale of this operation was substantial, directly raising his ETH holdings to $24 million. According to on-chain data, his opening price was $2,973.44, while his liquidation price was set at $2,813.72. What signals does this move reveal? Switching from small profits on HYPE to a large ETH position suggests a re-adjustment of trading strategy. Market participants can observe such large traders’ actions as a window into understanding market sentiment.

HYPE-0,1%

ETH-0,41%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes