Address Tied to Huang Licheng Lifts 25x ETH Long Position to 6,225 ETH

An address associated with "Machi Big Brother" Huang Licheng increased its 25x leveraged long position in ETH to 6,225 ETH, worth about $20.36 million, on December 10, according to HyperInsight. The position shows an unrealized profit of $1.13 million, with an average entry price of $3,086.07 per ETH, BlockBeats reported.