PANews, August 29: According to Lookonchain monitoring, Machi (Huang Licheng) currently holds over $100 million in ETH long positions, making him the largest on-chain ETH bull. As the market declined, Machi closed part of his losing positions 7 hours ago, incurring a loss of $1.96 million. Current holdings: 41,000 ETH ($100.01 million), 75,000 HYPE ($6.03 million), and 45 BTC ($3.5 million).
Machi holds over $100M in ETH long position, incurs $1.96M loss after partial liquidation
PANewsShare
Summary
Machi holds over $100 million in ETH long positions, making him the largest on-chain ETH bullish holder. He liquidated part of his position 7 hours ago as the ETH price declined, resulting in a $1.96 million loss. His current holdings include 41,000 ETH ($100.01 million), 75,000 HYPE ($6.03 million), and 45 BTC ($3.5 million). ETH analysis shows mixed short-term sentiment amid ongoing volatility.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.