Here’s a clear, plain-English breakdown of what that BlockBeats report is saying and why it matters:

What happened

ZEC (Zcash) position

The wallet linked to Huang Licheng (“Machi”) increased its ZEC holdings by 10×.

The total position is now worth about $390,000.

The average opening price for this ZEC position is $439.24 per ZEC.

ETH (Ethereum) leveraged position

Machi is holding a 25× leveraged long on ETH.

Size: 5,200 ETH.

Unrealized profit: about $266,000 (meaning profit on paper, not yet locked in).

Liquidation price: around $2,789 — if ETH falls to this level, the position could be forcibly closed.

What this means

Strong bullish bet:

Increasing ZEC holdings tenfold suggests strong confidence in Zcash’s upside.

High risk on ETH:

A 25× leverage position is extremely risky. Even a relatively small drop in ETH price could trigger liquidation.

Market signal (but not certainty):

Large moves by well-known traders can attract attention, but they do not guarantee future price direction.

Important context

“Unrealized profit” can disappear quickly if prices move against the position.

Leveraged trades amplify both gains and losses.

This is observational data, not investment advice.

If you want, I can:

Explain what 25× leverage really means with an example

Break down why liquidation prices matter

Or help summarize this into a short news-style blurb.