Huang Licheng has recently been frequently operating long positions on Ethereum, setting profit-taking targets in batches to gradually increase holdings.

According to on-chain monitoring data, well-known investor Huang Licheng has carried out multiple rounds of accumulation operations around Ethereum(ETH) over the past 10 hours. During the period when ETH price repeatedly fluctuated between $2932 and $2942, this address increased its ETH holdings by approximately 475 ETH, with the total position size increasing by about $1.4 million.

After completing the accumulation, Huang Licheng immediately placed partial profit-taking sell orders in the price range of $2960 to $3125, with some orders already successfully filled. From the perspective of position evolution, this series of operations continues his strategy since December 17—maintaining a long ETH position while rolling over by selling high and buying low to expand the scale.

According to the latest position statistics, Huang Licheng’s current long ETH position has expanded to a scale of $21.62 million, a 63% increase compared to $13.2 million on the 17th. The average price of his long positions remains stable around $2978. Although the current trading price of Ethereum is slightly below the average price, resulting in an unrealized loss of about $110,000 (approximately 13%), the liquidation price set by this address is $2870, reflecting a bullish outlook on Ethereum’s future market. Previously held positions in other cryptocurrencies have been fully closed, and this address is now focused solely on trading opportunities in Ethereum.

Huang Licheng’s recent operations demonstrate a bullish outlook on Ethereum’s current price level, and the staged profit-taking setup also indicates expectations for a market above $2960.