Huang Licheng, widely known in the market as 「Machi」, has increased his 25x leveraged Ether long position to 6,300 ETH, according to monitoring data cited by BlockBeats from TradingBeats on Oct. 16. Based on the figures in the report, the position is valued at about $15.45 million. The reported entry price is $2,400.44.
At the time of the BlockBeats update, the position was showing an unrealized profit of $335,000. No additional details on the trading venue or timing of the latest increase were disclosed in the source report. The update was published as a market analysis brief.
Huang Licheng, known as 「Machi」 in the market, has increased his 25x leveraged Ether long position to 6,300 ETH, according to TradingBeats monitoring cited by BlockBeats on Oct. 16.
Based on the figures in the report, the position is worth about $15.45 million. The entry price was listed at $2,400.44, and the position was showing an unrealized profit of $335,000 at the time of the update.
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