๐ Machiโs On-Chain Losses Shrink, Still at $9.5M
According to BlockBeats (via HyperInsight), crypto investor Huang Licheng (โMachiโ) has reduced his on-chain losses to $9.5M, down from over $20M previously.
๐ Key Details
Biggest drag: Leveraged XPL position (5x), with a $28.77M scale and $0.58 liquidation price, now showing a โ$5.8M deficit.
Current asset balance: $24.31M
Weekly loss: โ$5.08M
Total account profit: $12.36M (down significantly from earlier highs).
๐ก Takeaway: Machiโs recovery from deeper losses shows resilience, but his high-leverage bets (esp. on XPL) remain a critical risk point.
