After "Machi Big Brother" Jeffrey Huang Increased Long Positions Overnight and Cut Losses Again, Overall Unrealized Losses Widen to $18.5 Million

BlockBeats News, August 2 — According to on-chain analyst Ai Yi (@ai_9684xtpa), “Machi Big Brother” Jeff Huang made a round of small additional long positions in ETH, HYPE, and PUMP between midnight and 4 a.m. today during a rapid market downturn. After a brief rebound at 5 a.m. followed by another dip, he chose to cut his losses. Currently, he still holds positions worth a total of $149 million, with ETH’s unrealized loss nearly matching that of PUMP, both exceeding $6 million, and his overall unrealized loss has expanded to $18.5 million.