Investor Loses Substantial Value in Cryptocurrency Holdings

Cryptocurrency investor Huang Licheng, also known as ‘Machi Big Brother’, has experienced significant losses in his portfolio. According to data from HyperInsight and BlockBeats, his holdings include 22,200 ETH, 88 BTC, and 55,000 HYPE, resulting in a total unrealized loss of $3.14 million. Specifically, the ETH holdings alone have resulted in a loss of $3.12 million, highlighting the inherent risks associated with volatile cryptocurrency investments.