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Is someone waiting for Machi Big Brother(@machibigbrother) to go bankrupt?
At $3033 and $3055, Machi Big Brother reduced his holdings by 628 and 786 coins respectively; he then bought back 909 coins in the $3108-$3137 range.
After all the operations: the current holding is 3450 ETH, with a market value of approximately 10.76 million USD, an average price of 3173 USD, and a liquidation price of 3070 USD.
So, the reason it didn't explode at a low price is simply because the position was smaller, leading to a higher liquidation price. This is a classic example of selling low and buying high – doesn't this look familiar? 🧐

机灵的杰尼君
@NB
话说麻吉大割 @machibigbrother 最近的开仓赚过么?上个月爆了140多次,这个月要?
目前又持有价值 $1,200万美元的 $ETH 多单,均价 $3,190, 清算价$ 3,056。
实在不行,咱找个班上呢?


Brother, you didn't lose much on this trade.
What is he doing? Is he blatantly laundering money?
Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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