Latest news: On October 24, according to monitoring by TradingBeats, the Ethereum long position held in the address of “Machi Big Brother” Huang Licheng is now at an unrealized loss of $21,000, a loss rate of 70%. He went 25x long on 315 ETH at an entry price of $2,447.57, with a liquidation price of $2,336.9. The address has only $28,000 remaining, and it lost $360,000 over the past 7 days, bringing total losses to $35.35 million. BlockBeats reported yesterday that the “Machi” address sold 2 Mutant Apes NFTs for 1 ETH each to raise liquidity. He had originally paid 6.13 ETH and 7.5 ETH for them, for a total loss of 11.28 ETH (-85%).
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