Telegram channel HyperInsight stated that an address labeled as Machi Huang Licheng increased its 1,100-token ETH long position, disclosing a position size of approximately 98290000 USD and a liquidation price of 2,539.17 USD。
Article
🐳 [Machi Huang Licheng]ETH averaged down the long position!
💰ETH Increased the long position by 1,100.00 tokens, equivalent to approximately 2,251,820.00 USD▫️ Position size: 98,289,940.00 USD▫️ Average entry price: 2,689.70 USD → 2,689.60 USD▫️ Current profit/loss: -418,671.11 USD (-10.65%)
▫️ Current token price: 2,678.19 USD▫️ Liquidation price: 2,539.17 USD📌 Address: 0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872🔥 Note: This trader previously profited from blue-chip NFT and, after becoming active again this year, has October suffered massive drawdowns since, with funds shrinking from over to several hundred thousand USD。 🔥
Key points
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🐳 [Machi Huang Licheng]ETH averaged down the long position!
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💰 ETH Increased the long position by 1,100.00 tokens, equivalent to approximately 2,251,820.00 USD
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▫️ Position size: 98,289,940.00 USD
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▫️ Average entry price: 2,689.70 USD → 2,689.60 USD
🔥 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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On-chain Perp real-time social network graph. View the most comprehensive Hyperliquid on-chain data:
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AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
ETH: If the disclosure is accurate, the liquidation price of this large leveraged long position is close to the current price stated in the post;ETH further declines could create pressure for forced liquidation. A single address's position does not itself represent the overall market trend. Concept note: liquidation is a mechanism for disposing of collateral when collateral is insufficient; price movements and leverage affect the triggering conditions.
Why it matters to readers
ETH: If the disclosure is accurate, the liquidation price of this large leveraged long position is close to the current price stated in the post;ETH further declines could create pressure for forced liquidation. A single address's position does not itself represent the overall market trend.
Subject of interest:ETH. Observation period: short term
Risks and unknowns
Whether this address continues to increase or reduce its ETH position, or closes it
ETH The distance between the price and the 2,539.17 USD liquidation price stated in the post
Whether independently verifiable on-chain position data emerges
ETH Conditions that would alter the assessment: the position is unconfirmed, has been closed or deleveraged, or the ETH price moves far from the stated liquidation price.
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Related concepts
Liquidation
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