Machi Big Brother adds $12 million to BTC long, lifting position to about $87.44 million

Machi Big Brother, Huang Licheng, added another $12 million to his Bitcoin long within roughly 10 minutes after BTC reclaimed $80,000 for the first time in 101 days, according to TradingBeats monitoring cited by BlockBeats on Aug. 24. The move pushed his BTC long to about $87.44 million. The position was showing an unrealized profit of about $50,000, with an entry price of $79,449.30 and a liquidation price of $72,419.26. The monitoring data also showed Huang holding several other long positions. His ETH long stood at about $57.40 million, with an unrealized profit of roughly $2.49 million, an entry price of $2,392.66, and a liquidation price of $2,159.41. His HYPE long was about $19.39 million and was showing an unrealized loss of around $80,000, with an entry price of $79.46 and a liquidation price of $46.14. He also held a PUMP long worth about $14.69 million, carrying an unrealized loss of roughly $740,000.