Telegram reduction by the address known as “Maji Huang Licheng”725 units ETH long positions, equivalent to approximately 2055400 USD。
Article
🐳 【Machi Huang Licheng】ETH Long position take-profit!
💰ETH Long position reduced by 725.00 units, equivalent to 2,055,375.00 USD▫️ Position size: 93,542,400.00 USD▫️ Average entry price: 2,658.57 USD → 2,659.30 USD▫️ Current PnL: +998,546.78 USD (+26.69%)
▫️ Current coin price: 2,687.99 USD▫️ Liquidation price: 2,526.52 USD📌 Address: 0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872🔥 Note: This trader previously profited from blue-chip NFT; after becoming active this year, they suffered massive drawdowns starting from October, with funds shrinking from over to several hundred thousand USD. 🔥
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Key points
01
The evidence claims that “Mach Ji-Hung” reduced its 725.00-unit ETH long position.
02
The reduction amount is approximately 2,055,375.00USD。
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The listed position size is 93,542,400.00USD。
04
The listed average entry price is 2,658.57 USD to 2,659.30 USD。
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The reported current profit and loss is +998,546.78 USD（+26.69%）。
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The reported current coin price is 2,687.99 USD, with a liquidation price of 2,526.52 USD。
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The evidence provides the address 0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872。
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The source link points to Telegram the HyperInsight channel.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a disclosure of a transaction involving a ETH perpetual-futures long position. According to the evidence described, the account reduced its position by 725 units ETH long positions and still lists data such as position size, profit and loss, and liquidation price.
Why it matters to readers
It shows that an address labeled “Maji Huang Licheng” made a ETH reduction in long exposure, but a single channel post is insufficient to determine the direction of overall prices or market supply and demand.ETH overall price or market supply and demand direction.
A long position is a position that bets on a price increase; reducing exposure means decreasing such positions. The liquidation price is the price at which a position may be forcibly closed due to losses.
Risks and unknowns
Whether the address actually belongs to “Machi Huang Licheng” himself or an affiliated entity has not been independently verified.
725 tokens ETH of actual executed transaction records, platform information, and profit/loss data have not been independently verified.
The evidence comes from a single Telegram channel, so the information has limited credibility.
The evidence’s “from October start” and the publication time have an unclear specific temporal relationship.
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Related concepts
Long Position
This term is not in the glossary yet. Browse related concepts in the glossary.
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
