ChainCatcher reported, citing @ai_9684xtpa, that Huang Licheng, also known as Machi Big Brother, closed 4,700 ETH from a long position about five minutes earlier, locking in an actual loss of $570,000. The disclosure said his remaining 24,500 ETH long has now widened to a floating loss of $3.06 million. The latest liquidation price for that remaining position stands at $2,473.56, leaving only $38.22 of room from the current market price. According to the same disclosure, the latest market drop has erased nearly $4 million in unrealized profit and pushed the overall position into a $3 million loss. The figures were attributed to on-chain commentator @ai_9684xtpa in a ChainCatcher newsflash.
ChainCatcher, citing @ai_9684xtpa, reported that Huang Licheng, known as Machi Big Brother, closed 4,700 ETH from a long position about five minutes earlier, realizing a loss of $570,000.
His remaining 24,500 ETH long has now expanded to a floating loss of $3.06 million. The latest liquidation price on that remaining position is $2,473.56, leaving only $38.22 of buffer from the current market price.
According to the disclosure, the latest market decline has wiped out nearly $4 million in unrealized profit and turned the position into a $3 million loss.
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