Brother Machi has been reducing his ETH long positions over the past 3 hours, and his current position is worth $24.32 million.

According to Hyperbot data, as reported by Odaily Planet Daily, Huang Licheng, affectionately known as "Brother Machi," has been continuously reducing his 25x leveraged Ethereum long position over the past three hours. His current position is down to 7,650 ETH, valued at $24.32 million, with a liquidation price of $3,044.81, resulting in a current unrealized loss of $1.75 million. Furthermore, Huang Licheng has six limit sell orders for ETH in the $3,200-$3,400 price range.