Whale Player ETH Leverage Reversal: From $4.3 million to $100K, Fully Reinvests for a Comeback

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【Block Rhythm】Well-known trader Huang Licheng experienced a rollercoaster week of leveraged trading. On January 22, this Taiwanese artist once again used all of his approximately $100,000 unrealized profit from a long ETH position to roll over, with his 25x leveraged ETH long position surpassing $10.1 million in total value. The average entry price rose to $2,974, with a liquidation price set at $2,942.

In the past week, Huang Licheng’s account funds have experienced dramatic fluctuations. After a sharp decline from a high of $4.3 million to less than $100,000, he transferred about $420,000 to the derivatives trading platform on January 21, then re-entered the ETH long position at around $2,974.

Huang Licheng first gained attention in the Web3 community for holding BAYC NFTs. Since August 2025, he has been actively trading on the platform, mainly dealing with tokens like HYPE and ETH. However, his recent trading performance has been less than ideal—over the past month, he has been liquidated more than 70 times, with total losses exceeding $16 million. Whether this full-position move is an attempt to catch a rebound or an ongoing risk-taking strategy is being closely watched by the market.

ETH1,93%
HYPE4,68%
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RugPullAlertBotvip
· 8h ago
4.3 million to 100,000, how strong must one's mental resilience be... Then going all in again, is this a gambler or a master?
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TestnetScholarvip
· 8h ago
4.3 million directly reduced to 100,000, how strong must one's mental resilience be... Turning around and going all-in, truly a gambler's spirit
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GasFeeAssassinvip
· 8h ago
This guy really dares to play... Dropping from 4.3 million to 100,000 and still going all-in, how strong must his mental resilience be? Dropping directly from 4.3 million to 100,000? I just want to know if he can sleep well. 25x leverage liquidation at the face... This is the gambler's mentality, honestly a bit scary. Putting hundreds of millions of funds just to gamble on a price, I really don't understand this move. Losing this badly and still wanting to roll over, either he's a big shot or he's truly crazy. The liquidation price is only 32 dollars away... This is like dancing on the edge of a knife.
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GasGuzzlervip
· 8h ago
This guy is really ruthless. 4.3 million instantly turns into 100,000, and he still manages to hold back from clearing the field, then goes for another round... No one has this mental toughness.
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EntryPositionAnalystvip
· 8h ago
This guy really dares to play. Dropping from 4.3 million to 100,000 and still going all-in, how strong must his mental resilience be? Holding the liquidation price so tightly, one correction and it's GG. What kind of mindset is he gambling with? From a BAYC whale to a leveraged warrior, this approach is a bit wild. 25x leverage rolling positions... I think he's trading with his life. Added another 420,000, how is he managing his funds exactly?
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ContractTearjerkervip
· 8h ago
4.3 million drops to 100,000 and then rebounds. This gambler's mentality is really incredible. With 25x leverage, a $32 loss would have liquidated the position. Playing a bit aggressively, huh?
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