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Ethereum Faces Pressure as Machi Big Brother Huang Licheng Places Limit Sell Orders

--・Verified Binance official account

AI Summary

Huang Licheng's limit sell orders may influence Ethereum's market dynamics, potentially leading to increased volatility.

Machi Big Brother Huang Licheng has strategically placed nine limit sell orders for Ethereum, ranging between $1966 and $2002. According to NS3.AI, Huang holds a significant 25x leveraged long position of 7,800 ETH, with a liquidation price set at $1906. Despite the substantial position, he is currently experiencing an unrealized loss of approximately $220,000.

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