The address of “Maji Big Brother” is reportedly continuously reducing BTC、ETH long positions, with account unrealized profit nearing 950000 USD
BIBIBI
AT A GLANCE
BlockBeats, citing TradingBeats, reports that Huang Licheng’s address is continuously reducing BTC、ETH long positions, with total account unrealized profit of 948000 USD。
Article
🔍 On-chain detective | “Maji” continues reducing long positions, account unrealized profit nearing 950000 USD BlockBeats reports that October 7, according to TradingBeats monitoring, the address of “Maji Big Brother” Huang Licheng is continuously reducing BTC、ETH long positions, with current total unrealized profit of 948000 USD; current positions are as follows:
·25 x long 35700 units of ETH, with an entry price of 2689.86 USD, unrealized profit 420000 USD；
· 40 x long 455 units of BTC, with an entry price of 84,908.7 USD, unrealized profit 357000 USD；
· 10 x long 145500 units of HYPE, with an entry price of 89.74 USD, unrealized profit 323000 USD；
· 10 x long 1150000000 units of PUMP, with an entry price of 0.00646 USD, unrealized loss 152000 USD.
Original link https://m.theblockbeats.info/flash/370488
Key points
01
BlockBeats states that the message is dated October 7, and that the information comes from TradingBeats monitoring.
02
The report says that the address of “Maji Big Brother” Huang Licheng is continuously reducing BTC、ETH long positions, with current total account unrealized profit of 948000 USD。
03
Current ETH position: 25 x long 35700 units, entry price 2689.86 USD, unrealized profit 420000 USD。
04
Current BTC position: 40 x long 455 units, entry price 84,908.7 USD, unrealized profit 357000 USD。
05
Current HYPE position: 10 x long 145500 units, entry price 89.74 USD, unrealized profit 323000 USD。
06
Current PUMP position: 10 x long 1150000000 units, entry price 0.00646 USD, unrealized loss 152000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This message says that an address labeled as belonging to Huang Licheng holds four leveraged long positions, of which ETH、BTC and HYPE positions are in unrealized profit, while the PUMP position is in unrealized loss; meanwhile, the address is reducing its BTC and ETH long positions. Unrealized profit or loss describes the current book status of a position and does not equal the final realized gain or loss.
Why it matters to readers
The report concerns highly leveraged positions and BTC、ETH position-reduction activity. It may be used to observe changes in this single address’s positions, but the original article is insufficient to prove that it represents the direction of the broader market.
Beginners should distinguish carefully between unrealized profit and realized profit, and note that 25 x and 40 x leveraged positions are more sensitive to price movements. Do not judge market rises or declines solely from changes in a single address’s positions.
Risks and unknowns
The original article does not provide a specific address, transaction records, or a position page, so the address attribution and position data cannot be independently verified.
The message was relayed by BlockBeats from TradingBeats monitoring; the actual execution, timing, and size of the position reductions were not disclosed.
The current unrealized profit and loss may change with prices, and the original article does not specify the exact time to which the data correspond.
Related Developments
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The original article does not confirm whether changes in this address’s positions are representative of the market.
Related concepts
Long Position
This term is not in the glossary yet. Browse related concepts in the glossary.
