Machi Big Brother takes 40x leveraged BTC long worth $12.08 million

  • Jeffrey Huang took a 40x leveraged BTC long position worth $12.08 million.
  • The position covers 155 BTC, entered at $77,959.5 with liquidation at $50,000.
  • Huang also holds a 25x ETH long covering 41,150 ETH, worth $100 million.

Taiwanese singer Jeffrey Huang, known as Machi Big Brother, has taken a 40x leveraged BTC long position worth $12.08 million, according to Hyperbot data. The position covers 155 BTC, entered at an average price of $77,959.5, with liquidation set at $50,000. Huang also holds a 25x leveraged ETH long position worth $100 million, covering 41,150 ETH at an average entry price of $2,455.55 and a liquidation price of $2,323. His funds were previously reported to have fallen from $11.15 million to $8.8 million after stop-losses and position reductions during modest price weakness, on-chain analyst Ember said. Earlier reporting listed the ETH position’s entry and liquidation prices as $2,463 and $2,307, respectively; the newer data gives revised figures.

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