Here's something interesting. According to HyperInsight data, Huang Licheng (known as "Machi" in the industry) has once again suffered losses on his ETH long position, with an unrealized loss of $164,000.



What's even more dramatic is that this guy previously had an unrealized profit of over $1.6 million, but chose to keep adding to his long position, which led to the current situation. Looking at the specific position: he opened a 25x leveraged position with 7,925 ETH at an average entry price of $3,057.48, with a liquidation price set at $2,990.67.

This operation is really a bit over the top—holding onto a long position against the trend, with less than a $70 cushion from the liquidation price. Everyone can see the state of the market; this kind of high leverage play is definitely thrilling.
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LidoStakeAddictvip
· 2025-12-10 02:01
This wave from Machi was really caused by greed. He didn't cash out the $1.6 million unrealized profit, insisting on going against the market.
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fork_in_the_roadvip
· 2025-12-08 17:15
Machi really messed up this time—$1.6 million in unrealized profits just gone, greed is dangerous. It’s the same old 25x leverage trick, only $70 away from liquidation, that’s way too risky. I don’t get this kind of high leverage, but it’s definitely thrilling. With that much unrealized profit and still adding to the position, how inflated must his mindset be? A $70 safety cushion? I’m nervous for him.
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AirdropHermitvip
· 2025-12-08 01:21
Machi really got greedy this time. Had an unrealized profit of 1.6 million but didn't cash out, insisted on going all in. Now look, ended up losing 164,000 instead. That's the gambler's mentality.
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WagmiOrRektvip
· 2025-12-07 10:48
With a floating profit of 1.6 million and still adding leverage—if that's not gambling, what is it?
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AirdropHustlervip
· 2025-12-07 10:46
Machi really got hurt by greed this time. $1.6 million in unrealized profits just vanished like that? Playing with 25x leverage at this scale, just $70 away from liquidation—just watching it makes me break out in a cold sweat. This is why I say high leverage is poison; should've taken profit and exited earlier. Another example of being controlled by desire, sigh.
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LiquidityNinjavip
· 2025-12-07 10:45
Machi is really being greedy this time. He managed to hold on with $1.6 million in unrealized gains and kept increasing leverage. With only $70 left before liquidation, it’s really risky.
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ImpermanentPhobiavip
· 2025-12-07 10:42
Oh my god, a floating profit of 1.6 million ended up losing down to 160,000. How reckless do you have to be to pull that off? Using 25x leverage and getting right up to the liquidation line, you really just like living on the edge, huh?
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nft_widowvip
· 2025-12-07 10:37
Machi really got too greedy this time. Had $1.6 million in unrealized profits but refused to cash out, insisted on going all in, and now is down $164,000—serves him right. Huh, the safety cushion is only $70? Liquidation is right around the corner. Playing this big with 25x leverage, just one small move and it's game over—how big is his heart? This is the gambler's mentality. Unrealized profits are just numbers; one reversal and it's all gone. If he really gets liquidated, this story will never end. So many people are just watching for the joke.
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HallucinationGrowervip
· 2025-12-07 10:35
Machi really got greedy this time and lost everything, not only did he not cash out his 1.6 million unrealized profit, but he also leveraged up and stubbornly held on. This mentality is truly unbelievable.
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JustAnotherWalletvip
· 2025-12-07 10:32
Maji is really being greedy this time. With a floating profit of 1.6 million, they still want to increase their position—this is a typical gambler's mentality.
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