Huang Licheng has liquidated 2,700 ETH in the past 4 hours, partially reducing liquidation risk. He still holds over 5,000 ETH long positions, indicating he's not completely bearish. However, this kind of proactive deleveraging naturally makes the market more cautious. The liquidation price of $2,031.52 remains in place, and in the short term, $ETH seems more focused on defense rather than acceleration.

ETH-4.91%
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