Machi continues closing Ethereum long positions, with the position reduced to approximately 60000000 USD
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AT A GLANCE
Huang Licheng's Ethereum long positions continue to be closed, with the position reduced to approximately 60000000 USD。
Article
🔍 On-chain detective | “Machi” continues closing Ethereum long positions; liquidation price 2470.73 USD BlockBeats reported,October 8, according to TradingBeats monitoring, “Machi Big Brother” Huang Licheng's Ethereum long positions, valued at approximately 92880000 USD continue to be closed, with the position reduced to 60000000 USD, with an entry price of 2636.64 USD and a liquidation price of 2470.73 USD，ETH currently reported at approximately 2521 USD.
“Machi Big Brother” Huang Licheng's account net asset value is currently 2320000 USD, all of which is being used as ETH long-position margin.
Original link https://m.theblockbeats.info/flash/370848
Key points
01
TradingBeats monitoring indicates that Huang Licheng's Ethereum long positions, valued at approximately 92880000 USD continue to be closed.
02
The position was reduced to 60000000 USD, with an entry price of 2636.64 USD and a liquidation price of 2470.73 USD。
03
ETH currently reported at approximately 2521 USD。
04
Huang Licheng's account net asset value is currently 2320000 USD, all of which is being used as ETH long-position margin.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This means that Huang Licheng is reducing his bullish Ethereum exposure. The currently reported price is above the liquidation price, but the exact gap between them will continue to change with price movements.
Why it matters to readers
The position size, liquidation price, and margin data indicate that the account's subsequent position closures or ETH price movements merit attention.
A long position is a position that bets on a price increase; the liquidation price is the price at which the position may be forcibly closed.
Risks and unknowns
The information is BlockBeats' relay of TradingBeats monitoring results and does not provide an independently verifiable on-chain address or original position records.
The available evidence alone cannot confirm whether the remaining position will continue to change.
It cannot be confirmed ETH whether it will reach the 2470.73 USD liquidation price.
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Related concepts
Long Position
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