Huang Licheng’s leveraged long positions turn loss-making, with losses exceeding $1.608 million

  • Huang Licheng’s leveraged long positions turned from profit to loss during a brief crypto-market decline.
  • Total unrealized losses exceeded $1.608 million, while overall return on investment fell to about -35%.
  • Ethereum, Bitcoin and HYPE positions accounted for approximately $952,000, $345,000 and $311,000 in losses, respectively.

Huang Licheng, known as Machi Big Brother, saw all of his leveraged long positions turn from profit to loss after a short-term decline in the crypto market. His return on investment fell to about -35%, while total unrealized losses exceeded $1.608 million. The losses included about $952,000 on a 25-times leveraged Ethereum long, approximately $345,000 on a 40-times leveraged Bitcoin long and around $311,000 on a 10-times leveraged HYPE long, based on on-chain data monitored by PANews.

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