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Crypto

Jeffrey Huang Reopens 40x BTC Long Position Amid Market Stability

Guavy AI Editorial Team
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PUMP BTC ETH
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Taiwanese singer and crypto investor Jeffrey Huang, also known as Machi Big Brother, has reopened a 40x leveraged long position in BTC.

The move marks a renewed bullish bet on Bitcoin after a period of reduced activity, with Huang's current portfolio showing significant positions in other digital assets.

Huang holds a 27,500 ETH long at 25x leverage, a 199,000 HYPE long at 10x leverage, and a 2 billion PUMP long at 10x leverage, with a combined notional value of approximately $78.368 million.

The reopening of this high-leverage long position could indicate Huang's confidence in a near-term price increase for Bitcoin.

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