Data: Jeffrey Huang increases 25x leveraged ETH long position to 5,000 coins, now turning a profit
According to ChainCatcher, on-chain data monitoring shows that "Brother Machi" Huang Licheng has just continued to increase his position in the 25x leveraged ETH long position he opened yesterday. As of now, his holdings have reached 5,000 ETH and have turned profitable, with the position's market value surpassing $15 million and a liquidation price of $3,062.99.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Big short Burry increases short positions on Micron and Nebius, with the logic that "memory supply surge will put downward pressure on prices"
Michael Burry has dramatically increased his short positions on Micron, Palantir, and semiconductor ETFs, stating that the scale is “quite large.” His main reasoning is that Samsung, SK Hynix, and Micron squeezed their conventional DRAM production to meet AI-driven HBM demand, resulting in a shortage; however, with production capacity now ramping up, the Damocles sword of oversupply is hanging over the market. The inventory warning from Acer’s CEO has further convinced him that the memory cycle has already peaked.
Colorpak Indonesia announces extraordinary shareholder meeting
Crypto prices
More
