Leo Huang Reinforces ETH Bullish Bet with $14.4M Position
On March 5, on-chain tracking revealed that veteran investor Leo Huang restructured his Ethereum (ETH) long position, boosting the total exposure to $14.4 million through aggressive rolling leverage. The average entry price rose from $2,023 to $2,066, with the current unrealized profit reaching approximately $350,000—a 60% return on invested capital.
The position’s liquidation price has also been strengthened, moving up to $2,035, significantly reducing margin risk. A take-profit order is now set between $2,130 and $2,202, targeting a 10% partial exit to lock in gains during the next price surge.
Compounding Strategy Turns $250K into $860K in 48 Hours
This marks the twentieth consecutive roll in the current bullish cycle. In just two days, the initial $250,000 principal has ballooned to $860,000 through reinvested gains and dynamic leverage management. The liquidation threshold has climbed from $1,949 at initial entry to $2,066, reflecting improved risk control amid rising confidence.
While previously known for profitable NFT trades, the trader faced severe drawdowns since October last year, with portfolio value retracting from over nine figures. The resurgence in ETH could signal a pivotal recovery phase for the once-struggling account.
- Total ETH long exposure: $14.4M
- Average cost basis: $2,066
- Current return: 60%
- Liquidation price: $2,035
- Profit-taking plan: Partial 10% exit between $2,130–$2,202