Trader Huang Licong Faces Second ETH Long Liquidation as Account Equity Drops Below $300,000

ETH briefly fell to $3,033 on Dec. 15, triggering another liquidation on Huang Licong's ETH long position and resulting in an estimated $9,800 loss, HyperInsight data show. The position now stands at around $7.73 million with an average entry of $3,190 and an unrealized loss of $290,000 (94%), while the latest liquidation price is near $3,025 and remaining account equity is about $270,000. Huang's address was liquidated once on Dec. 14 at 19:00 when ETH was near $3,050, incurring around $110,000 in losses, after which an additional $12,000 of margin was deposited.