Machi Big Brother expands 25x Ethereum long to 10,100 ETH

After cutting 350 ETH and missing a rebound tied to positive news, Huang Licheng rebuilt and increased his leveraged ETH position; Hyperbot showed a higher liquidation price and about $974,000 in unrealized profit.

ETH

Summary

Huang Licheng, known as Machi Big Brother, first reduced his Ethereum exposure by 350 ETH on June 15, then missed a rebound that HyperInsight said was driven by positive news the following morning before re-entering at higher prices. As of the earlier report, he held a 6,000 ETH 25x long with a liquidation price of $1,678.77. A newer Hyperbot update showed he continued adding to the trade, taking the position to 10,100.0000 ETH, with a liquidation price of $1,811, unrealized profit of about $974,000, and return on investment of 133.54%.

Terms & Concepts
  • 25x leveraged Ethereum long: A bullish ETH position using 25 times borrowed exposure.
  • liquidation price: The price level at which an exchange may forcibly close a leveraged position.
  • return on investment: A measure of profit relative to capital committed.