From over a hundred million shrinking down to just a few hundred thousand—and still able to strike back—was Machi’s play this time just the same unchanged streak of gambling, or did he truly understand? Average price 1768, liquidated at 1771—this safety margin is as thin as paper.

BlockBeats News, Machi Huang Licheng increased his ETH long position by 1,000 ETH, worth approximately $2.1923 million. His current position size is $16.3107 million, with the average price adjusted from $1,759.59 to $1,768.30. The current profit/loss is $395,927.31 (+60.69%), with the current price at $1,812.29 and liquidation price at $1,771.33. This trader previously profited from blue-chip NFTs, but since October, his funds have shrunk from over $100 million to hundreds of thousands of dollars.