Assets in the address of “Machi Big Brother” Huang Licheng have only approximately 4,400 USD remaining, holding 68 tokens in ETH long positions
BIBIBI
AT A GLANCE
Huang Licheng’s address reportedly has only 4400 USD，68 tokens remaining, with ETH in unrealized losses on its long position 300 USD。
Article
🔍 On-chain Detective | “Machi” address has only 4400 USD，68 tokens ETH in unrealized losses on its long position 300 USD BlockBeats reports that October 27, according to TradingBeats monitoring, assets in the address of “Machi Big Brother” Huang Licheng are below 5000 USD, with only 4400 USD, while he still 25 x long 68 tokens ETH, currently showing unrealized losses of 300 USD, with an entry price of 2,313.88 USD, and a liquidation price of 2,290.41 USD.
During the market decline on 24, the address was liquidated repeatedly, losing nearly 40000 USD. The address currently 7-day loss is 111500 USD, bringing its cumulative historical losses to 35370000 USD.
Original link https://m.theblockbeats.info/flash/373806
Key points
01
BlockBeats stated that TradingBeats monitoring found that assets in Huang Licheng’s address are below 5000 USD, with only 4400 USD。
02
The address remains 25 x leveraged long 68 tokens of ETH, with unrealized losses of 300 USD。
03
The reported entry price is 2313.88 USD, and the liquidation price is 2290.41 USD。
04
During the market decline on 24, the address was liquidated repeatedly, losing nearly 40000 USD。
05
The address’s 7-day loss is 111500 USD, bringing its cumulative historical losses to 35370000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a highly leveraged ETH long position. The report indicates that a price decline could bring it close to the liquidation price, but the original article does not provide the address or position page for independent verification.
Why it matters to readers
The highly leveraged position is close to its liquidation price; further declines may create liquidation risk. The report does not indicate that it has a material impact on the overall market for ETH.
Leverage amplifies both gains and losses and can bring a position close to liquidation amid relatively small price fluctuations.
Risks and unknowns
The information is based on TradingBeats monitoring relayed by BlockBeats; the original article does not provide the address, on-chain transactions, or position page.
The reported asset balance, position, losses, and liquidation price have not been independently verified.
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Leverage
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