Huang Licheng Reduces ETH Long Position Amid Losses

On January 23, Huang Licheng, known as 'Machi Big Brother,' has reduced his Ethereum long position, according to BlockBeats. Hyperinsight monitoring reveals that Huang is currently leveraging 25 times to go long on 3,600 ETH, with an average entry price of $2,945.42. The position is experiencing a floating loss of 28%, approximately $110,000, with a liquidation price set at $2,880.36.