The cryptocurrency market is once again under scrutiny following a major liquidation event involving prominent Ethereum trader Huang Licheng, also known as Brother Ma Ji. On December 1, 2025, Licheng faced a significant loss that has raised concerns about the risks associated with leveraged trading in the volatile Ethereum market. According to the results published in the material, this incident highlights the potential dangers that traders may encounter in such a high-stakes environment.
Liquidation of Huang Licheng's ETH Position
Huang Licheng's long ETH position was liquidated at a price of $2,792, resulting in a staggering loss of 400 ETH, which is valued at approximately $111 million. This incident not only impacts Licheng's personal portfolio but also has broader implications for the Ethereum market and decentralized finance (DeFi) tokens.
Remaining Holdings and Market Implications
Following the liquidation, Licheng's remaining Ethereum holdings are estimated to be around $452 million. Market analysts are now closely observing the potential ripple effects of such large-scale trading activities, particularly how they might influence market sentiment and ongoing regulatory discussions in the cryptocurrency space.
In contrast to the recent liquidation event involving Ethereum trader Huang Licheng, institutional interest in alternative cryptocurrencies is on the rise. T. Rowe Price has included Shiba Inu in its active crypto ETF, signaling a shift in market dynamics. For more details, see read more.








