Onchain Lens monitoring showed that as the broader crypto market declined, well-known figure Huang Licheng, also known as Machi Big Brother, experienced another partial liquidation on his 25x leveraged long position in Ethereum. The liquidation forced a reduction in the position, while Huang also elected to close part of it himself to manage risk. Machi Big Brother, a Taiwanese celebrity and investor, is a prominent leveraged trader in the crypto community, and his position movements are often closely watched as an indicator of risk appetite.
At present, Huang still holds a 25x leveraged long position of 2,200 ETH. The distance between the current market price and the next liquidation trigger is a mere $22. Should the price decline further to that level, the position would face another forced liquidation. The event highlights the ongoing risks associated with high-leverage trading.