Trader ‘Buddy’ Expands ETH Long Position Amid Market Strain

Key Points:
  • Trader “Buddy” expands ETH position to $12.98M, facing partial liquidations.
  • Position leverages 3,750 ETH at 25x; impacts market sentiment.
  • Market volatility leads to risk notices, emphasizing caution.

Trader Huang Licheng, known as ‘Buddy,’ expanded his ETH long position to a total of $10.32 million amid volatile market conditions in November 2025.

This significant leverage impacts Ethereum  ETH -1.12% market stability, reflecting wider cryptocurrency volatility and potential regulatory scrutiny due to high-risk trading behaviors.

The well-known trader “Buddy,” identified as Huang Licheng, expanded his Ethereum long position, reaching $12.98 million. Amid market fluctuations, there were multiple partial liquidations. This showcases the inherent risks of high-leverage trading strategies.

Huang Licheng, dubbed “Brother Ma Ji,” is renowned for significant trades. Recently, he increased his ETH position by leveraging approximately 3,750 ETH at 25x, indicating a bold market approach. This strategy has sparked wide market discourse.

This activity contributed to major volatility in ETH derivatives markets, leading to rapid shifts in liquidation prices. Such fluctuations highlight ongoing market instability incited by substantial leveraged positions.

Financial and market pressures were magnified due to cascading liquidations. This has drawn attention to potential regulatory scrutiny to safeguard markets, emphasizing the need for robust risk management frameworks.

Analytical insights suggest potential long-term impacts on Ethereum derivatives. Monitoring these activities emphasizes the challenges in managing volatility during extensive market stress.

Historical trends show such leveraged trades can rapidly alter market dynamics, affecting both institutional sentiment and retail trading behavior. Regulatory bodies might increase oversight to counter possible risks associated with excessive leverage in crypto markets.

Trader “Buddy” employed a strategy, with his ETH-long position reaching a peak of about $12.98 million, leveraging approximately 3,750 ETH at 25x, facing repeated partial liquidations amid sharp market downturns.

Otto Bergmanr

Otte Bergmar is a crypto journalist covering Scandinavian and European blockchain markets, with a focus on decentralisation, privacy, and the AI–crypto interface. He reports on Web3 startups, market structure, and EU policy; from licensing regimes to consumer protection and cross-border compliance. At TokenTopNews, Otte transforms policy drafts, regulatory disclosures, and on-chain data into actionable, decision-ready insights, helping readers understand how regulation influences blockchain adoption across Europe.