Public reports indicate that, after the crypto market plunged last night, the 25x leveraged Ethereum long position held by Huang Licheng, also known as Machi Big Brother, was fully liquidated early this morning, resulting in a net loss of more than $180,000.
However, Machi Big Brother subsequently re-entered the market with another long position and added a small amount to it. He currently holds just 115 ETH, with the position valued at approximately $269,000 and a liquidation price of $2,316.
Regarding the disclosure that “Huang Licheng’s 25x leveraged Ethereum long position was fully liquidated early this morning,” I’m more interested in the remaining risk and when the information was reported. A single large loss figure cannot represent everyone’s trading outcomes. Leverage amplifies the impact of price movements on margin and profit or loss, so the position’s paper performance, realized losses, and remaining exposure should be considered separately.
Going forward, verify whether the position changes further, as well as the reporting time and liquidation conditions. If the position has been closed or the margin has changed, the old liquidation price can no longer be treated as a current measure of risk. Which matters more to you: the losses already incurred, or how much risk the remaining position still carries?
$ETH
#ETH
However, Machi Big Brother subsequently re-entered the market with another long position and added a small amount to it. He currently holds just 115 ETH, with the position valued at approximately $269,000 and a liquidation price of $2,316.
Regarding the disclosure that “Huang Licheng’s 25x leveraged Ethereum long position was fully liquidated early this morning,” I’m more interested in the remaining risk and when the information was reported. A single large loss figure cannot represent everyone’s trading outcomes. Leverage amplifies the impact of price movements on margin and profit or loss, so the position’s paper performance, realized losses, and remaining exposure should be considered separately.
Going forward, verify whether the position changes further, as well as the reporting time and liquidation conditions. If the position has been closed or the margin has changed, the old liquidation price can no longer be treated as a current measure of risk. Which matters more to you: the losses already incurred, or how much risk the remaining position still carries?
$ETH
#ETH