Bros Responds to Rumors of "Portfolio Surging 84x": Fake News

BlockBeats News, August 26th, Huang Libro, also known as "Brother Whale," responded to reports from Taiwanese media claiming that his investment portfolio had surged by 84 times, stating that this news is "fake news."

Earlier reports indicated that Huang Libro seized the unilateral surge in the cryptocurrency market last week, leveraging about $150,000 to long positions worth about $11.5 million, with a cumulative profit of about $11 million. Over the past 10 months, he has incurred a cumulative loss of about $35 million from longing ETH. After this round of profits, his historical loss has narrowed to about $24 million. Previous on-chain data also showed that his historical cumulative loss still remains in the tens of millions of dollars.