Huang Licheng Opens $12M BTC Long Position, ETH Long Position Shows $1.41M Unrealized Loss

August 31 news, according to Onchain Lens monitoring, Huang Licheng (Machi) has opened a BTC long position worth $12 million. He opened a long position of 155 BTC (approximately $12.05 million) on Hyperliquid. Additionally, he still holds a long position of 41,150 ETH (approximately $99.64 million), currently showing an unrealized loss of about $1.41 million. The total long position amounts to approximately $111.69 million.