According to Coinmixer Navigation, on January 23, blockchain analytics provider Hyperinsight reported that 'Majie Brother' Huang Li Cheng has adjusted his ETH long position. The account currently holds a leveraged long position of 3,600 ETH, worth approximately $10.49 million, with an average entry price of $2,945.42.
However, market fluctuations have placed significant pressure on this position, with an unrealized loss of 28%, amounting to roughly $110,000. The liquidation price remains at $2,880.36, indicating some buffer before potential forced liquidation. This development has sparked discussions around high-profile crypto strategies and market risk exposure.