Machi Big Brother’s long positions keep being topped up, but this time he also absorbed a real loss
According to monitoring by TradingBeats (formerly Hyperinsight), “Machi Big Brother” Huang Licheng’s address still currently holds about 41,000 ETH, worth roughly $100 million—making it the largest on-chain ETH long position by current size. As the market pulled back, Machi about 7 hours ago closed part of his ETH longs, realizing a loss of approximately $1.96 million.
His wallet’s main holdings currently include: 41,000 ETH ($ETH ) (about $100.01 million), 75,000 HYPE (about $6.03 million), and 45 BTC (about $3.5 million). Combined, the three positions are worth more than $110 million—one of the few on-chain whales whose size is large enough to be analyzed in isolation.
This is the same ongoing thread as what was mentioned earlier about him “slightly reducing ETH longs to take profit,” but this time the roles reverse—from taking profit to cutting at a loss. Last time he actively cashed out; the remaining position still had about $1.59 million in unrealized profit. This time, however, it was the market pullback that forced him to trim, and the loss was a concrete $1.96 million. Put together, these two moves show that even the largest on-chain long holder isn’t “winning forever.” Position management still has to follow market conditions.
Worth noting is that he did not clear his ETH holdings. His core long position of 41,000 ETH remains, indicating this is not a turning point in trend judgment—it’s more like routine adjustments to a leveraged position: controlling risk exposure by closing part of the position, rather than outright going bearish.
This also indirectly reinforces a principle: the size of holdings by on-chain whales and the “making a fortune” myths they spark can easily create the illusion of “copying trades guarantees easy profits.” But the normal state for leveraged longs is that they go up and down. Stories of surviving 500 liquidations and turning around are rare; in most cases, positions like this experience the same kind of unrealized profit-and-loss fluctuations as ordinary traders.
#麻吉 #ETH #黄金8月上涨约14% #BTC #SOL本周上涨20% $BTC $SOL
According to monitoring by TradingBeats (formerly Hyperinsight), “Machi Big Brother” Huang Licheng’s address still currently holds about 41,000 ETH, worth roughly $100 million—making it the largest on-chain ETH long position by current size. As the market pulled back, Machi about 7 hours ago closed part of his ETH longs, realizing a loss of approximately $1.96 million.
His wallet’s main holdings currently include: 41,000 ETH ($ETH ) (about $100.01 million), 75,000 HYPE (about $6.03 million), and 45 BTC (about $3.5 million). Combined, the three positions are worth more than $110 million—one of the few on-chain whales whose size is large enough to be analyzed in isolation.
This is the same ongoing thread as what was mentioned earlier about him “slightly reducing ETH longs to take profit,” but this time the roles reverse—from taking profit to cutting at a loss. Last time he actively cashed out; the remaining position still had about $1.59 million in unrealized profit. This time, however, it was the market pullback that forced him to trim, and the loss was a concrete $1.96 million. Put together, these two moves show that even the largest on-chain long holder isn’t “winning forever.” Position management still has to follow market conditions.
Worth noting is that he did not clear his ETH holdings. His core long position of 41,000 ETH remains, indicating this is not a turning point in trend judgment—it’s more like routine adjustments to a leveraged position: controlling risk exposure by closing part of the position, rather than outright going bearish.
This also indirectly reinforces a principle: the size of holdings by on-chain whales and the “making a fortune” myths they spark can easily create the illusion of “copying trades guarantees easy profits.” But the normal state for leveraged longs is that they go up and down. Stories of surviving 500 liquidations and turning around are rare; in most cases, positions like this experience the same kind of unrealized profit-and-loss fluctuations as ordinary traders.
#麻吉 #ETH #黄金8月上涨约14% #BTC #SOL本周上涨20% $BTC $SOL
