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

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.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.