Machi Big Brother Huang Licheng increased his Bitcoin long position and closed his earlier HYPE long as rising Bitcoin and Ethereum prices lifted his overall unrealized gains to about $3.755 million, according to on-chain monitoring. His combined return on investment stood at 79.03%.
The portfolio includes a 25x leveraged Ethereum long position of 38,600 ETH with an unrealized profit of $2.584 million, and a 40x leveraged Bitcoin long position of 455 BTC with an unrealized profit of $1.171 million.
Machi Big Brother Expands Bitcoin Long, Closes HYPE Bet as Unrealized Profit Tops $3.75M
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.