Huang Licheng, the "Big Brother" shorted Ethereum, opening a 1,100 ETH position with 25x leverage.

According to BlockBeats, on August 13th, OnchainLens monitoring revealed that Huang Licheng, known as "Big Brother Machi," had opened a short position in ETH with 25x leverage, holding 1,100 ETH, valued at $5.16 million. The liquidation price was $40,256.

Earlier today, "Big Brother Machi" Huang Licheng had closed his long positions in ETH (25x) and HYPE (5x), with a total profit of US$33.83 million.