The post stated that an address associated with “Machi Big Brother Huang Licheng” increased its holdings by 100 coins BTC in a long position, but the relevant identity and position data have not yet been verified.
Article
🐳 【Machi Big Brother Huang Licheng】BTC Long position averaging down!
💰BTC Increased long position by 100.00 coins, approximately equivalent to 8,327,330.00 USD▫️ Position size: 45,733,490.00 USD▫️ Average price: 83,925.50 USD → 83,782.00 USD▫️ Current P&L: -346,630.97 USD (-30.32%)
▫️ Current coin price: 83,151.76 USD▫️ Liquidation price: 76,040.68 USD📌 Address: 0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872🔥 Note: This trader previously profited from blue-chip NFT; after becoming active this year, it has suffered massive drawdowns consecutively since October，with funds shrinking from over to several hundred thousand USD. 🔥
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Key points
01
The original text says BTC long positions were added 100.00 units, worth approximately 8,327,330.00USD。
02
The position size listed in the original text is 45,733,490.00USD。
03
The original text stated that the average position price fell from 83,925.50 USD to 83,782.00 USD。
04
The post listed current profit/loss as -346,630.97 USD (-30.32%).
05
The current coin price listed in the original text was 83,151.76 USD，with a liquidation price of 76,040.68 USD。
06
The address provided in the original text is 0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872。
07
The original note stated that the trader had previously profited from blue-chip NFT assets; after becoming active this year, they have since October experienced consecutive massive drawdowns.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A “long position” is a position that bets on the price of BTC rising, while “averaging down” means continuing to buy to lower the overall average entry price. The post lists a lower average price, but the current token price is still below the average price, so the position shown remains at a loss. The liquidation price is the price level at which a position may be forcibly liquidated, but whether liquidation actually occurs also depends on the platform’s rules and changes in the position.
Why it matters to readers
If the data in the post are accurate, when the BTC price approaches the listed liquidation price, the risk of this address’s position will increase. However, this is only position information for a single address, and the original text provides no evidence that it is sufficient to affect the BTC overall market.
This can help explain increasing a position, average price, unrealized losses, and liquidation price, but buying or selling should not be decided solely on the basis of a single post or a single trader’s position.
Risks and unknowns
The original text cannot confirm whether the address in fact belongs to “Machibigbrother Huang Licheng”.
Position size, average price, profit and loss, coin price, and liquidation price were not provided in the original text with independent verification evidence.
-346,630.97 USD and -30.32%the calculation basis has not been specified; it may not be calculated based on total holdings.
Related Developments
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The original text did not specify when the data was collected, so the listed coin prices and positions may have changed.
“this year” and “since October onward” are temporal expressions that lack a clearly specified year and reference time.
The annotations regarding blue-chip NFT profits, substantial drawdowns, and capital shrinkage are unsupported by evidence.
Related concepts
Long Position
This term is not in the glossary yet. Browse related concepts in the glossary.
