Crypto Trader Records $2.4 Million Profit Since March Liquidation

On April 23, Hyperinsight monitoring revealed that addresses associated with Huang Licheng, also known as 'Machi', have accumulated approximately $2.4 million in profits since the last liquidation on March 26. According to BlockBeats, the total holdings currently amount to $81.1 million. The primary positions include an Ethereum (ETH) long position valued at $40.8 million, with an average price of $2,326 and a liquidation price of $2,174. Additionally, there is a Bitcoin (BTC) long position worth $39.1 million, with an average price of $75,735 and a liquidation price of $72,008. In the past hour, the address has placed 39 market sell orders for ETH, aiming to close approximately $3.9 million of the ETH long position within the $2,360 to $2,500 range. Furthermore, some BTC sell orders have already been executed, with the next profit-taking level set at $78,888.