TREE NEWS reports: Machi Big Brother (Jeffrey Huang) has reduced his ETH long position by roughly 16,600 ETH since 23:00 on Oct. 8, realizing a loss of about $2.63 million. He still holds a 10,000 ETH long worth around $24.5 million, opened at an average price of about $2,626.94, with an unrealized loss of roughly $1.77 million and a liquidation price near $2,418.47.
Machi Big Brother Cuts 16,600 ETH Longs, Realizing $2.63M Loss
Related Coin Charts
AI take
The headline loss is modest; the more telling detail is the deleveraging. A trader trimming a long into weakness while keeping a residual position near liquidation is managing survival, not conviction. That distinction matters for anyone tracking large-wallet flows as a sentiment proxy. The open question is whether the remaining 10,000 ETH is defended or further reduced — the gap between current levels and the liquidation price is now the relevant signal.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
1h ago
Xi’an CAS Xiguang Signs Deal with Xidian University on Space-Air-Ground Network
1h ago
OKX ICE Stock-Token Objections Reach 50, Including Nvidia
3h ago
Swell Lifts Withdrawal Pauses on swETH and rswETH After Rate Reset
4h ago
Symbiosis flags attempt to move Binance hack funds through its cross-chain protocol
4h ago
Binance Hacker Swaps 970,522 Stolen SOL for BTC
4h ago
OKX Opens Pre-Subscription for USDT Yield Event With 1M USDT Pool