Huang Licheng Cuts 1,777 ETH for $3.71M Loss; Remaining Position 0.96% from Liquidation

GateNews
ETH-0.36%

According to BlockBeats, on May 26, Huang Licheng (also known as "Machi") reduced his Ethereum long position by 1,777 ETH (approximately $3.71 million) over the past 2 hours, realizing a loss of about $21,800, based on Coinbob's on-chain address monitoring.

The address now holds 6,000 ETH worth roughly $12.54 million, with a floating loss of 13.6%. The position is only $20 away from liquidation, representing a 0.96% margin—the closest to liquidation among million-dollar-scale ETH long positions currently tracked.

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