On-chain tracking data showed that all three leveraged long positions held by Machi Big Brother Andrew Huang turned profitable as Bitcoin and Ether prices rose. The combined unrealized profit on the positions reached $5.806 million, with a reported return on investment of 110%.
The largest position was a 25x leveraged ETH long valued at more than $90 million, carrying an unrealized profit of $5.032 million. Huang’s 40x leveraged BTC long was valued at more than $41.35 million and showed a profit of $650,000. His 10x leveraged HYPE long was valued at more than $5.633 million, with an unrealized profit of $122,000.
The figures were cited by ChainCatcher based on on-chain data monitoring. No additional details were provided in the report.
According to ChainCatcher, on-chain monitoring data showed that all three leveraged long positions held by Machi Big Brother Andrew Huang moved from loss to profit as Bitcoin and Ether prices climbed. The combined unrealized profit across the positions reached $5.806 million, with a reported ROI of 110%.
Breakdown of the three positions
- A 25x leveraged ETH long had a position value of more than $90 million and an unrealized profit of $5.032 million.
- A 40x leveraged BTC long had a position value of more than $41.35 million and an unrealized profit of $650,000.
- A 10x leveraged HYPE long had a position value of more than $5.633 million and an unrealized profit of $122,000.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
