Machi Big Brother Jeffery Huang Partially Closes ETH Long Position, Liquidation Price Now at $3,010

Jeffery Huang partially closed approximately $4.81 million in ETH long positions over a three-hour period on December 8, reducing his liquidation threshold after Ethereum briefly dropped to $3,011, HyperInsight data show. His current ETH long position stands at roughly $11 million with an unrealized profit of $310,000 (71% return), averaging an entry price of $3,028 and a liquidation price of $3,010. The address had previously deposited $1 million on the 24th to open an ETH long position, which suffered partial liquidation yesterday, resulting in a loss of about $730,000 and account balance declining from nearly $3 million to $220,000. He subsequently opened a new 25x leveraged ETH long position and scaled up, bringing current account funds to approximately $570,000.