ETH price fluctuations trigger large liquidation: Trader Huang Licheng quickly reverses after losing $7.38 million

2026-01-20 14:10:40

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According to on-chain data monitoring, when Ethereum (ETH) dropped to $2900, well-known trader Huang Licheng faced a significant reduction in account funds. His original ETH long position was forced to close due to the price decline, resulting in a massive loss of $7.38 million.

Notably, despite the heavy blow, Huang Licheng did not choose to wait and see but quickly adjusted his strategy. After stopping the loss, he immediately re-established a long position of 2,100 ETH, with the new position size reaching $6.18 million. This operation reflects the trader’s short-term bullish attitude shift.

Current Account Fund Status

Based on real-time account balance, Huang Licheng’s available funds have decreased significantly. The account balance once rebounded to a high of $3 million, but after a series of position adjustments, the current net assets are only $2.27 million. This indicates that during the process of reversing positions, he still needs to bear additional market volatility risks.

ETH Market Background

Currently, ETH price is consolidating around $3.09K, showing signs of rebound compared to the previous low of $2900. The trader’s quick counter-operation is a decision made in this kind of price fluctuation market environment.

ETH-6,56%

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