Market plummets triggering large-scale liquidations; seasoned traders hold large ETH positions expecting a rebound

LiquiditySurfer · 2026-01-21T00:26:16+00:00

Renowned trader Huang Licheng was completely liquidated on his 25x ETH long position due to market downturn, incurring a loss of $4.3 million, with a total historical loss reaching $22.83 million. However, he quickly reopened positions by purchasing 600 ETH, demonstrating confidence in the market's future, and becoming an important indicator of market sentiment.

LiquiditySurfer

2026-01-21 00:26:16

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【Blockchain Rhythm】As the market continues to decline, well-known trader Huang Licheng’s 25x ETH leveraged long position was completely liquidated. However, this trader, known for his resilience in the face of repeated failures, did not choose to wait and see. Instead, he quickly reopened a position after liquidation, buying 600 ETH worth approximately $1.75 million in one go.

According to on-chain data monitoring, this wave of liquidation caused his account to lose up to $4.3 million within nearly a month. Even more notably, his account’s total historical loss has accumulated to $22.83 million.

Although the figures are staggering, his repeated opening of positions indicates that this seasoned trader still has confidence in the market’s future trend. In times of increased market volatility, such large position adjustments often serve as important indicators for traders to gauge market sentiment.

ETH-4,5%

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BlockchainArchaeologist

· 13h ago

This guy is really hardcore. He cleared his position and still dared to go all-in with 600 ETH. I don't have that kind of guts.

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retroactive_airdrop

· 13h ago

This guy is really a top gambler. Losing 22.83 million and still adding to his position, I really don't understand.

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LiquidatedNotStirred

· 13h ago

Clearing 2.3 million and still throwing another 1.75 million to buy ETH, this mindset is truly incredible. Should I learn or should I hide?

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AirdropHermit

· 13h ago

This guy really has a sharp tongue but a soft heart. He cleared his position and still dares to add more. As a small retail investor, I can't help but sweat for him.

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GasFeeVictim

· 13h ago

This guy really has a gambler's temperament. He lost over 20 million and still dares to go all-in, respect. Immediately bought 600 after liquidation. Does he truly believe in the rebound or is he just addicted... Another argument that "big players' movements = market signals," how come I just don't buy it? Using 25x leverage, lost 4.3 million in one go. If it were me, I would have gone bankrupt already. His mental resilience is extraordinary. Wait, is this cheering for him or telling a horror story?

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