'Machi' Jeffrey Huang Partially Closes ETH Long Positions, Current Liquidation Price $3,010

BlockBeats news, December 8, according to HyperInsight monitoring, in the past 3 hours, due to ETH briefly dipping to $3,011, Jeffrey Huang partially closed ETH long positions worth approximately $4.81 million to lower the liquidation price. His current ETH long position size is approximately $11 million, with an unrealized profit of $310,000 (71%), an average entry price of $3,028, and a liquidation price of $3,010. This address previously transferred $1 million on the 24th to open ETH long positions, which were partially liquidated yesterday, resulting in a loss of approximately $730,000. The account balance dropped from nearly $3 million to $220,000. Subsequently, the account re-entered with 25x leveraged ETH long positions and rolled the positions forward. The current account balance is approximately $570,000.