Jeffrey Huang still holds over $100M in long positions

Taiwanese singer Jeffrey Huang, also known as Machi Big Brother, has increased collateral 200-fold and still holds more than $100 million in long positions, according to Lookonchain. An address believed to belong to Huang, starting with 0x020cA, currently holds a 23,350 ETH long position worth $59 million on 25x cross margin and a 668 BTC long position worth $54 million on 40x cross margin. The average entry prices are $2,429.61 for ETH and $79,291.6 for BTC, with liquidation prices at $2,084.39 and $65,541.33, respectively. Lookonchain said Huang’s collateral had at one point fallen to under $60,000 after a series of liquidations. The estimated collateral now stands at $11.62 million.