On-chain analyst Ember said Huang Licheng, also known as Machi Big Brother, added another 250,000 USDC to open fresh long positions on Thursday afternoon after his ETH longs were fully liquidated earlier in the day. Ember said Huang now holds long exposure worth about $5.88 million across ETH, HYPE and BTC. The positions are still running with relatively high leverage. For the ETH leg, the liquidation price stands at $2,161, only about $86 away from the market price at that time. Ember also said Huang has traded on Hyperliquid for nearly a year and a half, generating cumulative volume of $15.86 billion while posting cumulative losses of about $37.05 million. The update points to another rapid re-entry after a full liquidation event, with the new positions concentrated in three major assets and carrying a narrow buffer to liquidation on ETH.
Huang Licheng, known as Machi Big Brother, deposited another 250,000 USDC on Thursday afternoon to open new long positions after his ETH longs were fully liquidated earlier in the day, according to on-chain analyst Ember.
Ember said Huang currently holds long positions in ETH, HYPE and BTC with a combined value of about $5.88 million. The new trade still uses relatively high leverage. The ETH position has a liquidation price of $2,161, leaving only about $86 from the market price at that time.
Nearly 18 months of trading on Hyperliquid
Ember said Huang has been trading on Hyperliquid for nearly a year and a half. Over that period, his cumulative trading volume reached $15.86 billion, while cumulative losses totaled about $37.05 million.
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