$ETH Ethereum longs are hanging by a thread! “Machi” Huang Licheng faces liquidation risk with 25x cross-margin leverage
According to monitoring by @TradingBeats_, whale trader “Machi” Huang Licheng (0x020c) is currently stubbornly holding a long position of about 36,200 ETH (worth approximately $92.88 million) with 25x cross-margin leverage. His average entry price is $2,646.1, and he is currently sitting on an unrealized loss of about $2.828 million!
Liquidation risk at a glance:
Current price: about $2,568
Machi’s liquidation price: $2,508.2 (just $59.7 / 2.3% below the current price)
Risk of a cascade of on-chain long liquidations: Machi isn’t the only major trader struggling near liquidation:
0xf25a: 20x cross-margin long position (worth $2.36 million), liquidation price of $2,541.5—just 1.0% away!
0x634f & 0xa516: Two 25x cross-margin long positions (worth about $11.67 million combined), both with full-position stop-losses set at $2,523 (just 1.8% below the current price). If triggered, they would sell 4,547 ETH!
If ETH falls below the $2,540–$2,508 range, it could trigger a cascade of long-position stop-losses and liquidations. Watch out for short-term downside risk!
According to monitoring by @TradingBeats_, whale trader “Machi” Huang Licheng (0x020c) is currently stubbornly holding a long position of about 36,200 ETH (worth approximately $92.88 million) with 25x cross-margin leverage. His average entry price is $2,646.1, and he is currently sitting on an unrealized loss of about $2.828 million!
Liquidation risk at a glance:
Current price: about $2,568
Machi’s liquidation price: $2,508.2 (just $59.7 / 2.3% below the current price)
Risk of a cascade of on-chain long liquidations: Machi isn’t the only major trader struggling near liquidation:
0xf25a: 20x cross-margin long position (worth $2.36 million), liquidation price of $2,541.5—just 1.0% away!
0x634f & 0xa516: Two 25x cross-margin long positions (worth about $11.67 million combined), both with full-position stop-losses set at $2,523 (just 1.8% below the current price). If triggered, they would sell 4,547 ETH!
If ETH falls below the $2,540–$2,508 range, it could trigger a cascade of long-position stop-losses and liquidations. Watch out for short-term downside risk!