Machi Big Brother's ETH Long Position Liquidated for $1.11M at $2,792

On-chain analyst Yu Jin reported on Dec. 1 that Huang Licheng's ETH long position was liquidated for 400 ETH (approximately $1.11 million) at $2,792 during the recent price decline. The position now stands at $4.52 million, with only $140,000 remaining of the $1 million deposited into Hyperliquid last week.