Machi Brother Has Closed All His Bitcoin Long Positions, Total Position Value Drops to Approximately $112 Million

Odaily News, according to Hyperbot data, Machi Brother (Huang Licheng) closed all his Bitcoin long positions of approximately 610 BTC about an hour ago, incurring a loss of roughly $327,000. His total position value has now dropped to approximately $112 million, with floating losses of about $867,000 and a return on investment of -16.23%. His current positions are as follows:

1. Holding 37,500 ETH in a 25x leveraged long position, valued at $92.163 million, with unrealized gains of $167,000;

2. Holding 240,000 HYPE in a 10x leveraged long position, valued at $19.82 million, with floating losses of $1.034 million.