According to on-chain analyst Ember monitoring, Huang Licheng (@machibigbrother) cut the meat position squaring XPL, ASTER, PUMP 7 hours ago, achieving a loss of 21.53 million US dollars. In the last 20 days, he has given back a total of 40 million US dollars in profit.
The loss was mainly contributed by XPL: he was previously the largest XPL long on Hyperliquid, overbought XPL at $1.40, and eventually lost $18 million on XPL as XPL continued to decline.
Although he cut several heavily losing positions, he still holds the largest ETH long position on Hyperliquid.
Maji big brother Huang Licheng cut meat 7 hours ago position squaring XPL, ASTER, PUMP, realized a loss of 21.53 million US dollars
2025-10-10 00:26:29
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