Investor Huang Licheng Doubles Down on Cryptocurrency Market with High Leverage

Renowned cryptocurrency investor Huang Licheng, also known as ‘Machi Big Brother,’ has made substantial bets in the market utilizing high leverage. He holds a 40x leveraged position in Bitcoin, amassing 75 BTC worth approximately $8.58 million, with an average entry price of $114,702.1 per Bitcoin. Additionally, he employed 3x leverage on YZY tokens, holding 150,000 worth $100,000, averaging an entry price of $0.681 per token. His long positions also include 16,100 ETH valued at $76.78 million with an average entry price of $4,645.32 per ETH and a current unrealized profit of $2.03 million. Huang has further invested in HYPE tokens, holding 136,000 worth roughly $5.98 million, averaging an entry price of $43.8 per token and currently showcasing a $20,000 unrealized profit. His long positions in total represent $91.44 million in value.