Jeffrey Huang holds over $100M in leveraged crypto longs

• Jeffrey Huang holds leveraged long positions worth more than $100 million, according to Lookonchain.
• His positions include about $59 million in Ethereum and $54 million in Bitcoin.
• The trades use 25x and 40x leverage, leaving them exposed to sharp price moves.

Jeffrey Huang, also known as Machi Big Brother, continues to hold large leveraged cryptocurrency positions.

Lookonchain said an address linked to Huang holds 23,350 Ethereum (CRYPTO:ETH) worth about $59 million.

The Ethereum position uses 25x cross margin, with an average entry price of $2,429.61 and liquidation at $2,084.39.

The same address holds 668 Bitcoin (CRYPTO:BTC) worth about $54 million using 40x cross margin.

The Bitcoin position has an average entry price of $79,291.60 and a liquidation price of $65,541.33.

Huang’s estimated collateral has recovered to $11.62 million after earlier liquidations reduced it to below $60,000.

The figures highlight the risks of highly leveraged crypto trading, where relatively small price moves can trigger forced liquidations.

At the time of reporting, Ethereum price was $2,504.75.