Crypto Investor Huang Licheng's Losses Narrow to $9.5 Million

According to BlockBeats, recent data from HyperInsight reveals that crypto investor Huang Licheng, known as 'Machi,' has seen his on-chain losses narrow to $9.5 million. Previously, his losses had exceeded $20 million. The largest loss currently stems from a leveraged position in XPL, with a fivefold increase resulting in a $5.8 million deficit. This position has a scale of $28.77 million and a liquidation price of $0.58. Huang's asset balance now stands at $24.31 million, with a loss of $5.08 million over the past week. His total account profit has decreased to $12.36 million.