Ethereum bullish positions expand again, Huang Licheng increases to nearly $30 million in scale

On-chain monitoring data shows that well-known investor Huang Licheng has recently further increased his bullish position on Ethereum, with the current holdings expanding to $28.6 million. According to public data, his initial entry cost was $2,981.59 per ETH, with a liquidation price set around $2,885.75.

It is worth noting that the current Ethereum trading price hovers around $2,930, which has fallen back from Huang Licheng’s entry cost. This indicates that his current position is at a slight unrealized loss, but there is still some buffer before reaching the liquidation line.

In terms of position size, the nearly $30 million increase reflects this seasoned investor’s continued optimism about Ethereum’s medium-term trend. In the context of market volatility, large investors’ holdings movements often become key indicators for market participants to observe and are frequently regarded as important references for market sentiment.