Cryptocurrency exchange MEXC said it will stop providing services to users in Russia and Belarus. Affected customers will receive individually assigned deadlines to close positions and withdraw assets from the platform. MEXC also said users who do not receive such notices can continue using the exchange, provided they comply with its terms. The update was reported by ChainCatcher in a 7x24 newsflash.
Market monitoring platform Liquid247.xyz said a Hyperliquid address, 0xecb63c...2b00, has recently taken a long position in BTC while also holding a short position in ETH. The BTC long stands at 180.98 BTC, with a notional value of about $14.7904 million. Its average entry price is დაახლოებით $81,692, while the current mark price is about $81,722, leaving the position with an unrealized profit of roughly $5,300. On the ETH side, the same address is holding a short position of 14,526.75 ETH, with a notional value of about $35.9334 million. The average entry price is about $2,485.85, compared with a current mark price of about $2,473.60, for an unrealized profit of around $178,000. The figures were cited by ChainCatcher, which attributed the data to Liquid247.xyz.
According to TradingBeats, the address linked to Huang Licheng, also known as "Machi Big Brother," is continuing to reduce its long positions in BTC and ETH. The account's total unrealized profit currently stands at $948,000. The remaining positions include a 25x long on 35,700 ETH with an average entry price of $2,689.86, showing an unrealized profit of $420,000. The address also holds a 40x long on 455 BTC with an average entry of $84,908.7 and an unrealized profit of $357,000. In addition, the account has a 10x long on 145,500 HYPE entered at $89.74, with an unrealized profit of $323,000. Another 10x long on 1.15 billion PUMP, opened at $0.00646, is currently showing an unrealized loss of $152,000.
Hyperbot data shows that Machi Big Brother, also known as Huang Licheng, has closed part of his BTC and ETH long positions while still holding two leveraged longs. The remaining positions include a 25x ETH long valued at $59 million, with an unrealized loss of $1.8 million, and a 40x BTC long valued at $5 million, with an unrealized loss of $110,000. Hyperbot data also shows total position losses at $4.42 million. The update was cited by ChainCatcher in a brief market report. No additional details on the timing of the partial position closures were disclosed in the source item.
TradingBeats data cited by BlockBeats on Sept. 13 showed that Machi’s total long exposure had increased to $157 million, with current unrealized profit of about $830,000. The position set includes a 25x leveraged long on 39,150 ETH valued at about $98.64 million, a 40x leveraged long on 555 BTC worth about $42.83 million, and a 10x leveraged long on 202,000 HYPE valued at roughly $15.98 million. The figures describe the latest monitored breakdown of Machi’s leveraged long book and its current mark-to-market profit.
According to Coinglass data cited by ChainCatcher, Hyperliquid whale accounts currently hold $7.206 billion in total open positions. The long side is $3.466 billion, representing 48.1% of the total, while the short side is $3.74 billion, representing 51.9%. The gap between the two is 3.8 percentage points, leaving short exposure slightly larger. Within those positions, long positions have generated $284 million in profit, and short positions have produced a loss of $311 million. Combined with the disclosed figures, the whale book is sitting on a net -$27 million PnL from these two sides. One address, 0x5b5d..60, holds a short position in ETH that was opened with 5x leverage and full-position (cross) margin at a price of $2,151.87. That whale's unrealized PnL on the ETH short is minus $15.02 million. The numbers offer a snapshot of how the largest Hyperliquid traders are positioned, with a notable ETH short in one wallet showing an unrealized loss of $15.02 million.
XRP has climbed about 40% in the past two weeks, from roughly $0.99 to $1.38, according to CoinDesk via ChainCatcher. But futures positioning tells a more mixed story. Total XRP futures open interest contracted 16% to about 2.34 billion tokens, with CoinGlass data showing declines across most exchanges. CME was the exception, lifting its open interest about 36% to 387 million tokens and raising its share of the market from 10% to 17%. CFTC positioning data, as of Aug. 25, shows leveraged funds increased net shorts to roughly 116 million tokens, more than double the prior week's 57 million. Dealers and asset managers took the other side, adding net longs of about 60 million and 28 million tokens, respectively. The shift comes before a procedural Senate vote on the U.S. CLARITY Act, expected around mid-September. The bill fueled a roughly 5% XRP pop when it passed the Senate Banking Committee in May.
According to TradingBeats monitoring cited by BlockBeats on Aug. 24, Machi Big Brother, Huang Licheng, has continued adding to a 40x leveraged long position in Bitcoin. The BTC position has now grown to about $75.79 million, overtaking his Ether exposure, which the report described as his usual preferred holding. The Bitcoin long was shown with an unrealized profit of about $370,000, an entry price of $79,390.50, and a liquidation price of $70,404.71. Huang’s Ether long stood at about $59.05 million, with an unrealized profit of roughly $2.95 million, an entry price of $2,392.29, and a liquidation price of $2,135.52. The monitored positions also included a HYPE long of about $19.50 million, showing an unrealized profit of around $30,000, with an entry price of $79.46 and a liquidation price of $41.79, as well as a PUMP long of about $14.94 million, carrying an unrealized loss of about $500,000.
