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Whale reduces holdings! Well-known investor adjusts ETH position, HYPE is currently at a floating loss
【Blockchain Rhythm】On January 15th, on-chain data shows that well-known investor Huang Licheng recently adjusted his main positions. His actions on ETH are the most critical—currently holding 9,320.13 ETH with 25x leverage, with a total value of approximately $31.4 million, an average entry price around $3,220.71, and an unrealized profit of $1.39 million.
Meanwhile, his layout on HYPE has shown a different trend. He is long 325,000 HYPE with 10x leverage, with an average entry price of $25.6, currently facing an unrealized loss of $95,000.
From the operational details, this round of adjustment reflects his optimism about ETH’s medium-term trend, but the loss-making position in HYPE exposes the risks of coin selection. High-leverage operations are often a double-edged sword in market volatility—profitable when gains are substantial, but the risk of liquidation increases once the market moves against the position. Such large position adjustments often become market focal points and serve as a reminder for individual investors to exercise extra caution when allocating leverage products.