Bearish Market Conditions Leave Huang Licheng's Multi-Asset Position Under Pressure with Over $7.6M in Unrealized Losses

According to Lookonchain’s latest data reported on August 18, singer Huang Licheng (known as Machi Big Brother) is currently holding a diversified portfolio that has come under significant pressure during the recent market downturn. His ice maker on position strategy across ETH, BTC, HYPE, and PUMP tokens has accumulated paper losses exceeding $7.6 million, yet no liquidation event has been triggered.

The floating loss represents a substantial unrealized impact across his multi-token exposure. Huang Licheng’s decision to maintain positions across both established assets like ETH and BTC alongside emerging tokens such as HYPE and PUMP demonstrates a mixed holding strategy during volatile market conditions. Despite the considerable drawdown, the fact that none of these positions have faced liquidation suggests adequate collateral management and risk controls remain in place.

The bearish market environment has tested the resilience of various holders’ portfolios. Huang Licheng’s situation exemplifies how even diversified positions can suffer significant paper losses when market sentiment turns negative across multiple asset classes simultaneously.