Partial Liquidation of Ethereum Position Observed Amid Margin Concerns

PANews reports that Huang Licheng, known as @machibigbrother, experienced partial liquidation of his substantial Ethereum position. This occurred due to insufficient margin on a 25x long position. Despite the liquidation occurring while the position was profitable, Mr. Huang subsequently increased his holdings. His current position is worth $13.5 million with a floating profit of $370,000.