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      Huang Licheng's $100 Million Ethereum Position Nears Liquidation

      Huang Licheng, known as 'Maji Brother', is facing a critical situation with his nearly $100 million long position in Ethereum. Currently, his position is just $63 away from the liquidation price, raising concerns among investors and analysts.

      Licheng holds a long position of 41,000 ETH, utilizing 25x leverage. The position was opened at a price of $2,443.44, with a liquidation threshold set at $2,342.15. As of now, Ethereum is trading at approximately $2,405, indicating a precarious position for Licheng.

      In the past week, Licheng has experienced significant losses, totaling around $4.3 million, which has diminished most of his recent profits. This situation highlights the volatility and risks associated with leveraged trading in cryptocurrency markets.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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