On-chain monitoring platform Lookonchain reported that prominent crypto investor Huang Licheng, known as Machi Big Brother, suffered 10 consecutive liquidations within just 8 hours. His account balance shrank dramatically to only $52,000. Such a concentrated wave of liquidations is uncommon in on-chain trading records.
Despite the heavy losses, Huang aggressively increased his long position to 1,075 ETH, valued at approximately $1.71 million. The liquidation price for this new position is set at $1,560.81 — if ETH falls below that level, the entire position worth over one million dollars will face forced liquidation once again.
Huang is well-known in the crypto space for his high-leverage trading style, and his on-chain wallet activities have long been tracked by Lookonchain. This move demonstrates his clear conviction in a near-term ETH price rebound, while simultaneously putting the account under extreme risk exposure. A certain buffer remains between the current ETH price and the $1,560.81 liquidation level, but subsequent market movements will directly determine the fate of this position.