On-chain analyst EmberCN reported that Jeffrey Huang, a famous Taiwanese singer known as Machi Big Brother, sold off some of his ETH and BTC long positions. EmberCN stated, "ETH was only about $50 away from its liquidation price, and BTC was about $1800 away. Huang repeatedly added to his long positions during the previous price surge, increasing his capital from $150,000 to $11 million, but it has recently decreased to about $4.5 million due to the recent correction." According to Hyperscan data, he currently holds ETH longs worth $93.53 million and BTC longs worth $35.02 million.