Jeffrey Huang trims ETH, BTC longs as liquidation prices draw near

Taiwanese singer Jeffrey Huang, better known as Machi Big Brother, cut part of his ETH and BTC long positions as their liquidation prices drew closer, on-chain analyst EmberCN said. EmberCN said ETH was about $50 away from its liquidation price and BTC was about $1,800 away. Huang had repeatedly added to the long positions during the earlier price surge, increasing his capital from $150,000 to $11 million, but the recent pullback reduced it to about $4.5 million, EmberCN said. According to Hypurrscan data, Huang currently holds a $93.53 million ETH long and a $35.02 million BTC long.