Huang Licheng Reduces BTC Position, Incurs $327,000 Loss

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Huang Licheng, also known as "Maji Brother," closed a BTC long position of approximately 610 BTC on September 8, according to BlockBeats. The move resulted in a $327,000 loss as the BTC price declined. His BTC holdings are now valued at around $112 million, with a floating loss of $867,000. BTC dominance remains under pressure amid the sell-off.

BlockBeats report, September 8: According to monitoring by TradingBeats (formerly Hyperinsight), "Maji Big Brother" Huang Licheng closed all of his approximately 610 BTC long positions one hour ago, incurring a loss of approximately $327,000.


Its long position value has decreased to approximately $112 million, with an unrealized loss of about $867,000.

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