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Huang Licheng closes 610 BTC longs, takes $327,000 loss

  • Huang Licheng closed all of his approximately 610 BTC long positions.
  • The closure produced an estimated loss of about $327,000.
  • TradingBeats reported his long-position value at roughly $112 million, with $867,000 unrealized losses.

Huang Licheng, known as Machi Big Brother, closed all of his approximately 610 BTC long positions around one hour before Sept. 8, according to TradingBeats, formerly Hyperinsight. The closure resulted in an estimated loss of about $327,000. His long-position value fell to approximately $112 million, while the remaining positions showed an unrealized loss of roughly $867,000.

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