Machi Big Brother Tất Tay vào $ETH Khi nạp thêm 420K đô để nuôi hy vọng Long ETH!

The legend of the NFT and DeFi world, Machi Big Brother has just made a move to pump in more funds to maintain confidence in Ethereum's recovery, despite the looming liquidation risks.

🔷 On-chain data recorded that Machi just deposited $419,747 USDC.

The sole purpose: To increase the margin for the Long ETH position with extremely high leverage.

🔷 Currently, the total value of the position is holding 3,333.88 ETH, worth approximately $10.05 million USD at Entry $2,974.14 and liquidation price $2,940.75.

The distance from the Entry price to the Liquidation price is only a mere 34 prices. Just a slight red candle of ETH sweeping down to $2,940 will evaporate this entire $10 million position.

🔶 Machi's performance on HyperLiquid also sends shivers down many spines with the Total PnL displaying a massive negative figure: -$24.37 million USD.

With a leverage of 25x and a liquidation price so close to the ground, is Machi really confident in bottoming out ETH or is this the mindset of a desperate gambler who is thirsty for a win?

This article is for reference only and should not be considered investment advice. Please read and carefully consider before making any decisions.