Crypto Trader Machi LDC Deposits $249,950 to Open Long Positions in ETH and HYPE After 262 Liquidations
On Feb. 5, the address associated with trader Huang Licheng ("Machi Big Brother") deposited 249,950 USDC to open new long positions in ETH and HYPE, on-chain data from lookonchain show. The address, which has been liquidated 262 times, now holds 1,000 ETH worth about $2.13 million with a liquidation price of $1,933.21, and 26,000 HYPE valued at roughly $904,000 with a liquidation price of $26.93.