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Late-night explosion! A well-known big shot's address was bloodily emptied—1800 ETH just disappeared.
The incident came unexpectedly. On December 11, 2025, at the moment ETH prices plummeted sharply, the on-chain monitoring platform Lookonchain captured this shocking scene: Huang Licheng's related address triggered a forced liquidation, 1800 ETH was ruthlessly liquidated at a price of $3185.7, approximately $6 million evaporated instantly.
What’s even more terrifying? The liquidation is just the appetizer.
This address still holds a long position of 7200 ETH, with a market value of about $22.93 million. The leverage? 25x! Yes, that spine-chilling number. Currently, the unrealized loss has already grown to $540,000, practically playing aerial acrobat on a knife's edge.
The community is already boiling:
"25x leverage—are they recharging their faith or just reckless?"
"Even Big Shots can't withstand the market’s iron fist..."
"Most want to know his psychological shadow area right now"
"Leverage, it’s really not something everyone can handle"
In essence, leverage is a double-edged sword. When the market is good, it can make you rich overnight, but when the market turns, liquidation notices arrive faster than food delivery. Even if you're a prominent figure in the circle, you have no privileges in the face of volatility—markets don’t recognize people, only prices.
Risk reminders are never too many: leverage is tempting, but risk control is more important. Don’t wait for the liquidation message to regret not setting a stop-loss. After all, as long as the green mountains remain, there’s a chance to wait for the next bull market, right?