The statement is assessed as highly likely to be true based on strong, consistent, and direct evidence from multiple authoritative sources within the cryptocurrency industry. The most definitive evidence comes from a DefiLlama tweet, which, as a reputable on-chain data aggregator, explicitly states that Huang Licheng took 'high-leverage long positions on ETH and HYPE'. This is directly corroborated by news reports from crypto exchanges MEXC and Phemex. One MEXC article specifies the exact leverage amounts (25x on ETH and 10x on HYPE), while the Phemex report confirms a liquidation on a position involving both assets, which inherently implies the use of leverage. Other sources consistently support parts of the claim, confirming either the ETH or HYPE position, with no contradictions among any of the provided materials. The convergence of explicit and corroborating reports from multiple relevant and credible entities provides a very strong basis for the statement's truthfulness.