Huang Licheng's ETH long positions were completely liquidated before he opened new ETH long positions, resulting in a total loss exceeding $25 million.

As the market declined, Huang Licheng (@machibigbrother)'s long ETH position (25x leverage) was completely liquidated again. However, he opened a new long ETH position (25x leverage), which was also partially liquidated. Machi's total losses now exceed $25 million.