"Maji" Ethereum long positions have seen floating losses widen to $400,000.
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TL;DR
Ethereum long positions held by 'Machi Big Brother' Huang Licheng have widened to $400,000 in unrealized losses, down from over $1.1 million in profit. The positions include 9,800 ETH with 25x leverage and 272,000 HYPE with 10x leverage, both at risk of liquidation.
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EthereumLayer 1Smart ContractsHyperliquidDeFicryptocurrencytrading lossesleverageMachi Big Brother
According to Mars Finance, on January 9th, HyperInsight monitoring showed that the unrealized loss of Ethereum long positions held in the address of "Machi Big Brother" Huang Licheng had widened to $400,000. Previously, the unrealized profit had exceeded $1.1 million. The current position status is as follows: 9,800 ETH long with 25x leverage, liquidation price $2,978.30, unrealized loss of $400,000; 272,000 HYPE long with 10x leverage, liquidation price $20.7599, unrealized loss of $184,000.