Coin World News: Machi Huang Licheng has fully closed his BTC long position, with a position size of $1,568,100 before closing, and the address is 0x020ca66c30bec2c4fe3861a94e4db4a498a35872. The trader had previously profited from blue-chip NFTs, but has suffered massive drawdowns since October this year, with funds shrinking from over 100 million to hundreds of thousands of dollars.

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MetalFrameBookPageCross
· 34m ago
From hundreds of millions to hundreds of thousands, the script of the money earned from NFTs has all been returned to the market.
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WaitingForConfirmationUnderThe
· 12h ago
From over a billion down to tens of millions and even a few hundred thousand—this pullback is even more exciting than those so-called “shitcoins.”, and Machi is officially numb.
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WalletPermissionAdministrator
· 12h ago
$1,568,100, with the number accurate to the ones place. The on-chain data is truly terrifyingly transparent.
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SeaSaltSparklingWater
· 12h ago
The pullback that started in October coincided with BTC surging to $70k, wiping out highly leveraged long positions in one wave.
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MempoolDrifter
· 13h ago
Does closing all positions mean you are bearish on the future market? Or is it just a stop-loss to preserve capital?
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BetaParanoiac
· 13h ago
The name Huang Licheng is quite famous in the NFT circle, but unexpectedly took such a heavy hit in the contract market.
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