Huang Licheng, known as Machi Big Brother, reduced his Ether long position by 1,720 ETH, worth about $3.1233 million, according to Hyperinsight data cited by Odaily. The remaining ETH long stood at about $8.7745 million, with an average entry price of $1,768.53, an unrealized loss of about $68,200, or 19.43%, and a liquidation price of about $1,749.17. The update follows an earlier public display of a 25x leveraged Ether perpetual futures long on 11,100 ETH valued at about $19.68 million, underscoring how quickly risk can shift in highly leveraged crypto derivatives positions as traders adjust exposure.