Coin World News: Machi Huang has reduced his long ETH position by 1,720.00 ETH, worth approximately $3,123,260.00. The current position size is $8,774,500.00, with an average entry price of $1,768.53, an unrealized P&L of -$68,181.04, and a loss ratio of -19.43%. The current ETH price is $1,754.89, and the liquidation price is $1,749.17. This trader previously profited from blue-chip NFTs, but since becoming active again this year, has suffered consecutive huge drawdowns starting in October, with his capital shrinking from over 100 million dollars to hundreds of thousands of dollars.