Machi Big Brother Huang Licheng Increases Leveraged Long Position in Ether, HyperInsight Says

A wallet linked to “Machi Big Brother” Huang Licheng has continued adding to a leveraged long position in Ether (ETH), according to monitoring data from HyperInsight. According to BlockBeats On-chain Detection, as of July 3, the address was long 5,325 ETH with 25x leverage. The position’s average entry price was $1,655.27, and it showed an unrealized profit of $500,000 at the time of the report.