Jeffrey Huang liquidates most of his 25x ETH long position

Jeffrey Huang, a prominent Taiwanese singer also known as Machi Big Brother, has liquidated most of his 25x ETH long position, Onchain Lens reported. He now holds a 5x long position of 2,900 ETH, with unrealized losses exceeding $35 million. His cumulative losses have surpassed $79.87 million.