Ethereum Updates Today: Buddy Goes All-In on ETH with $13 Million Leveraged Wager Amid Market Slump
- Buddy Huang’s ETH long position was liquidated, prompting a $9.5M reentry amid market turmoil. - Market selloff attributed to macroeconomic pressures, with BTC dropping 28.7% below $90K. - A $1.24B ETH whale added 13,117 ETH despite $1.59M unrealized losses, signaling bullish conviction. - Institutional caution grew as SoftBank exited $5.8B NVIDIA stake, while Coinbase hinted at December 17th product launch. - Buddy’s $13M leveraged bet faces liquidation risk if ETH fails to stabilize above $3,000, highl
Buddy Huang Licheng's bold approach to
This move further cements Buddy's image as a risk-taker who often increases his exposure after setbacks—a tactic that has sparked both praise and skepticism within the crypto world. Just days after his liquidation, HyperInsight noted that Buddy's position had expanded, with additional margin bringing his total exposure to $13.57 million by November 18. This increase coincided with
Buddy's trading is part of a larger pattern of major players making moves in the ETH market. Separate on-chain data showed that a whale holding $1.24 billion in ETH accumulated 13,117 ETH within 12 hours, raising its total to 19,199.91 ETH.
At the same time, Hyperliquid's "ETH Max Long" position is currently sitting on an unrealized loss of $15 million, but the position remains open with a limit order to sell ETH at $3,860 for potential profits
The heightened market swings have also prompted institutional investors to act cautiously. Both SoftBank and Bridgewater Associates have trimmed their holdings in NVIDIA, with SoftBank completely divesting its $5.8 billion stake. Meanwhile, in the crypto sector, Coinbase has sparked rumors of a significant new product launch—possibly related to its Base blockchain—after updating its X account bio to "December 17th."
Buddy's latest wager on ETH is undeniably bold but fraught with risk. With a liquidation threshold at $2,816, there is little margin for error in a market known for rapid sentiment shifts. Should ETH fail to remain above $3,000, Buddy could face further margin calls and be forced to change course. For now, his actions underscore the ongoing appeal of leveraged trading in an environment where strong conviction often outweighs caution.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lloyds Completes Curve Purchase Amid Shareholder Disputes Over Valuation
- Lloyds acquires Curve for £120M amid shareholder backlash over undervaluation and governance concerns. - IDC Ventures, Curve's largest investor, rejects the deal via legal action, disputing transparency and valuation. - Lloyds aims to integrate Curve's payment tech to compete with Apple/Google Pay amid EU regulatory shifts. - The acquisition reflects fintech consolidation as banks exploit lower valuations to fast-track digital infrastructure. - Legal challenges and governance disputes could delay the dea
XRP News Update: XRP ETFs See Growth Amid Price Decline—Is a Repeat of the Past on the Horizon?
- Canary Capital's XRPC ETF , the first U.S. spot XRP ETF, launched with $58M in trading volume and $245M inflows on Nov 13, 2025. - Nine XRP ETFs, including Franklin Templeton's EZRP and Bitwise's entry, are set to debut within 10 days, boosting institutional adoption and liquidity. - Whale activity and token withdrawals signal accumulation ahead of ETF demand, while XRP's price dips below $2.30 amid ETF-driven market shifts. - Analysts compare XRP's post-ETF decline to Bitcoin's 2021 dip, suggesting pote
Fintech Companies Observe Nigeria's Declining Inflation While High Interest Rates and Core Inflation Persist
- Nigeria's inflation dropped to 16.05% in October 2025, creating opportunities for fintechs to expand services amid improved consumer spending potential. - High core inflation (18.69%) and unchanged central bank rates persist as barriers to affordable microloans and credit products for fintechs. - Regional inflation disparities (9.09%-20.14%) require tailored fintech solutions, with USSD/mobile interfaces targeting underserved rural and urban markets. - Africa's digitization efforts, including AfCFTA infr
Hyperliquid News Today: "NVIDIA's $500 Billion AI Order Backlog Sparks $5 Trillion Hype Amid Concerns of Excess Capacity"
- NVIDIA's $500B AI chip order backlog through 2026 highlights explosive demand for Blackwell/Rubin GPUs, positioning it as AI infrastructure leader despite geopolitical risks. - Q3 revenue forecast at $54.8B (+56% YoY) driven by $48B+ data center sales, fueled by Microsoft/Amazon hyperscaler investments in AI infrastructure. - Market skepticism grows over demand sustainability, with 90%+ spending concentrated in top cloud providers and U.S. export bans costing $10s of billions in China AI GPU sales. - $5T
