On-chain whale movements revealed: Uncovering Huang Licheng's multi-million dollar Ethereum position adjustments

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Based on the latest information tracked by on-chain data analyst Ai Aunt(@ai_9684xtpa), the well-known crypto asset holder “Brother Maji” Huang Licheng has recently carried out a series of important position management operations. Through the ETH address query tool, it can be observed that he has adjusted his Ethereum(ETH) long positions multiple times within the past 10 hours.

Details of Position Adjustments

In this round of operations, Huang Licheng partially closed a total of 2,450 ETH long positions, realizing a profit of $301,000. After this operation, his account still holds an open position of 8,800 ETH. Based on the current market price, this portion of the position has generated an unrealized profit of $1,597,000, with a total position value of $29.27 million.

According to on-chain data, this whale’s average cost basis is $3,145. Notably, he has set sell limit orders for 400 ETH in the $3,350 - $3,400 range, indicating a cautious yet optimistic attitude towards the subsequent market trend.

Multi-Asset Portfolio Growth

In addition to Ethereum positions, Huang Licheng’s other asset, HYPE, also shows strong performance, currently accumulating an unrealized floating profit of $83,000. This reflects his diversified strategy across multiple assets.

From on-chain analysis, such large-scale position adjustments often reveal institutional investors’ judgment of the current market rhythm. Huang Licheng’s decision to take profits on some positions while retaining the main holdings at this point may imply a positive outlook on the medium-term market trend.

ETH-6,81%
HYPE-10,74%
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