
HyperInsight said the address tied to Huang Licheng kept adding to its Ether position, with an average entry price of $1,655.27 and about $500,000 in unrealized profit.
An address identified by HyperInsight as belonging to “Machi Big Brother” Huang Licheng has continued building a leveraged long position in ETH. The position now stands at 5,325 ETH using 25x leverage, with an average entry price of $1,655.27 and floating profit of about $500,000. Leveraged long positions amplify exposure to price gains and losses by using borrowed funds, making them especially sensitive to short-term market swings.