Whale trader Jeffrey Huang, also known as the famous Taiwanese singer 'Machi Brother', has partially unwound his high-leverage long positions in BTC and Ethereum. According to data from on-chain analytics platform Hyperbot, Jeffrey Huang currently holds an ETH 25x long position worth $59 million (with an unrealized loss of $1.8 million) and a BTC 40x long position worth $5 million (with an unrealized loss of $110,000). Amid increased market volatility, he recorded a total loss of $4.42 million (approximately 6 billion Korean Won), including realized and unrealized losses, in a single day.
