Machi Big Brother Huang Licheng deposits 200,000 USDC into HyperLiquid and increases his ETH position to avoid liquidation
Foresight News reported, according to monitoring by Onchain Lens, in order to avoid liquidation, Machi Brother Huang Licheng (Machi) deposited 200,000 USDC into HyperLiquid and increased his ETH position (25x leverage) to 2,500 ETH. At the same time, he closed his long position in HYPE (10x leverage), incurring a loss of $123,000. Overall, he is currently at a loss of approximately $13.5 million.
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
nVent Electric declares quarterly dividend of $0.21 per share
Euro: Dollar strength seen sustainable – Commerzbank
Update: Market Chatter: BlackRock Emerges as Preferred Manager for Dutch Pension Assets
voestalpine targets 30% CO2 emissions cut by 2029 under greentec steel program
Crypto prices
More
