Investor Huang Licheng Leverages High Stakes in Cryptocurrency Market

According to BlockBeats, investor Huang Licheng, also known as 'Machi Big Brother,' has taken significant positions in the cryptocurrency market using high leverage. He has employed a 40x leverage to go long on Bitcoin, holding 75 BTC valued at approximately $8.58 million, with an average entry price of $114,702.1 per Bitcoin. Additionally, he has utilized a 3x leverage to go long on YZY, holding 150,000 tokens worth $100,000, with an average entry price of $0.681 per token. Huang Licheng also holds a long position of 16,100 ETH, valued at $76.78 million, with an average entry price of $4,645.32 per ETH, currently yielding an unrealized profit of $2.03 million. Furthermore, he has a long position of 136,000 HYPE tokens, valued at approximately $5.98 million, with an average entry price of $43.8 per token, currently showing an unrealized profit of $20,000. Overall, his long positions total $91.44 million in value.