Huang Licheng Reduces Long Positions in ETH, HYPE, and BTC

On September 10, TradingBeats monitoring showed that Huang Licheng, known as "Machi Big Brother," sharply adjusted his long positions over the past two hours. According to BlockBeats On-chain Detection, the address reduced about 9,575 ETH in batches from 19:41 to 21:13 (UTC+8), then bought back about 2,000 ETH from 21:36 to 21:41, leaving a net decrease of about 7,575 ETH. The same address also cut about 58,500 HYPE long positions during the period and sold the remaining 68 BTC long positions in batches from 20:07 to 20:39, leaving no BTC holdings. As of press time, the address still held a 25x long position of 33,000 ETH and a 10x long position of 86,000 HYPE, both showing unrealized losses.