Recent blockchain data shows trader Huang Licheng reducing ETH long holdings while another whale trims shorts, both facing multimillion-dollar unrealized losses at distinct liquidation thresholds.
In the past 30 minutes, trader Huang Licheng, also known as 'Machi Big Brother,' cut his Ethereum long positions by $944,600, now sitting on about $4.99 million in unrealized losses with a liquidation price of $2,938.097. Separately, a whale address beginning with 0x20c2d9 reduced ETH short positions by $801,100, holding approximately $22.26 million in unrealized losses and a liquidation price of $6,072.198.