Huang Licheng, known as "Brother Machi," has opened a significant leveraged long position in Zcash (ZEC), with the total position value now exceeding $30 million. This move follows Vitalik Buterin's recent comments on Zcash's governance. Brother Machi's portfolio includes a 10x leveraged long position in ZEC, holding 200 ZEC, alongside a 25x leveraged long position in Ethereum, holding 9,500 ETH, and a position in HYPE, holding 41,888.88 HYPE. His positions have generated a weekly unrealized profit of approximately $758,000.
Brother Machi Opens $30 Million Leveraged Long Position in ZEC
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