Investor Loses Millions in Cryptocurrency Holdings

A prominent cryptocurrency investor, known as ‘Machi Big Brother,’ has faced significant losses in his digital asset holdings. On-chain analysis by Ai Yi indicates that Huang Licheng’s YZY position is currently experiencing an unrealized loss of $376,000. The investor attempted to mitigate this loss today by increasing their holding, now totaling 1.36 million units valued at approximately $1.1 million. As a result, all five of his long positions are currently in the red, contributing to a cumulative unrealized loss of $9.17 million. #AI