Machi Big Brother builds ETH long to 1,775 tokens worth $3.2 million

After seven liquidations in two days, Huang Licheng, known as Machi Big Brother, expanded a high-leverage Ethereum long from 400 ETH to 1,775 ETH, according to monitoring data.

ETH

Summary

Huang Licheng, known as “Machi Big Brother,” increased an Ethereum long position to 1,775 ETH worth about $3.2 million, after previously opening a 25x leveraged long on 400 ETH valued at $744,000 following seven liquidations over the prior two days. HyperInsight said he added to the position about an hour before the update. The trade was showing a floating loss of $6,838 at the time of the report, with an average entry price of $1,811. The earlier 400 ETH position had a reported liquidation price of $1,834.01, underscoring the elevated risk of aggressive leverage in volatile crypto markets.

Terms & Concepts
  • Liquidation: The forced closure of a leveraged position by an exchange or protocol when losses approach the trader’s collateral limit.
  • Floating loss: An unrealized loss on an open position.
  • Average entry price: The mean price paid to open a position.