Taiwanese singer Jeffrey Huang, known as Machi Big Brother, is holding a 25x leveraged ETH long valued at $48.22 million with an unrealized gain of about $3.34 million after ETH rose 17% in a day. The position has an entry price of $2,097 and a reported liquidation price of $2,253. EmberCN said on Aug. 20 that Huang’s leveraged ETH trading had produced hundreds or even thousands of liquidations over the past year. The latest monitoring put his cumulative losses at $31.5 million, while an earlier report said losses had exceeded $80 million by the end of the previous month; the figures are therefore inconsistent. Huang had also sold Bored Ape Yacht Club NFTs at a steep loss to raise collateral, according to the existing report.