Investor Suffers Major Losses in Cryptocurrency Market Fluctuations

A prominent cryptocurrency investor, known as @machibigbrother on social media, has suffered significant losses after closing his long position in UNI coin. According to reports by PANews, Huang Licheng’s investment resulted in a loss of $481,000, bringing his total losses to over $17.7 million. Despite this setback, he still maintains a substantial long position in Ethereum, holding 7,350.7 ETH worth approximately $23.58 million. This investment is currently valued at a liquidation price of $3,039.