Jeffrey Huang's 25x ETH Long Faces Repeated Liquidations; $263M Whale Nears Forced Closure

Jeffrey Huang's 25x leveraged ETH long position has incurred cumulative losses exceeding $19.35 million following multiple liquidations, Hyperinsight data show on Nov. 18. He holds 368.88 ETH in long positions valued at $1.11 million, with a liquidation price of $2,963.3. A separate whale spent 31.16 million USDT to acquire 10,275 ETH at an average price of $3,032 over the past 24 hours, bringing total purchases since Nov. 12 to 13,612 ETH for 41.89 million USDT at an average of $3,077. A whale who accumulated $263 million in WBTC and ETH through circular lending three months ago faces imminent liquidation, with a health factor of 1.05 on Aave and outstanding debt of $146 million USDT; four hours earlier, the whale sold 1,316.8 ETH for 4.017 million USDT to reduce leverage, holding unrealized losses of $65.49 million at cost basis of $116,762 for WBTC and $4,415 for ETH.