Huang Lizheng Reports Unrealized Profit from ETH Investments
Key Points:
- Huang Lizheng’s ETH trades reach $100 million value.
- ETH position sees an unrealized profit over $3.6 million.
- Market dynamics shift with significant ETH involvement.
Huang Lizheng, known as Machi Big Brother, is noted for holding a substantial long position in Ethereum, reportedly valued between $72 and $100 million, as tracked on blockchain platforms.
Huang’s trading activity boosts Ethereum’s market volatility, attracting attention from blockchain analysts and traders, while his positions have shifted from losses to significant unrealized profits.
Huang Lizheng is lauded for his large leverage trades, primarily involving ETH. Historical data indicates rapid speculative activity, affecting market volatility and directional price movements. His recent success is tracked through on-chain analytics without personal commentary.
Market Response
Crypto Ecosystem and High-Leverage Positions
‘Brother Ma’ Li Cheng Huang is currently increasing his leverage by 25x for an ETH long position and 40x for a BTC long position, holding 21,900 ETH (nominal value of $100 million) and 50 BTC (nominal value of $5.9 million).— Chain.info, On-chain Analytics Platform