Whale Trader Huang Licheng Liquidated for 6,489 ETH, Weekly Losses Hit $2.44M

Whale trader Huang Licheng, known as "Machi Big Brother", was liquidated on 6,489 ETH on Dec. 12, incurring a loss of $720,000, on-chain analyst Ai Auntie (@ai_9684xtpa) reports. He now holds a remaining long position of 2,500 ETH worth $7.79M, with a liquidation price at $3,074.62 and an unrealized loss of $314,000. Huang's account balance dropped to $340,000, with total losses over the past week reaching $2.44M.