Jeffrey Huang increases ETH long position to over 10,000 ETH

Crypto whale investor Jeffrey Huang has continued to build his Ethereum long position, which now exceeds 10,000 ETH, Odaily reported. Huang, who recently incurred significant losses from futures trading, is using 25x leverage on the position. As ETH has reclaimed the $1,800 level, he is currently showing approximately $1 million in unrealized profit.