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“Ma Ji” sold BAYC to add collateral margin, stating that it was only 8% away from the liquidation line.

MarsBitNews
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Mars Finance News, June 26, according to HyperInsight monitoring, ‘Big Brother Machi’ Huang Licheng’s ETH long position is in urgent trouble, he sold one of his 150 Bored Ape Yacht Club (BAYC) NFTs, and used the proceeds to add margin and open more long positions, with a transaction price equivalent to about 10 ETH. Machi’s account has accumulated losses of $33.85 million, with a loss of $2.43 million in the past month. ‘Big Brother Machi’ Huang Licheng himself just posted, ‘We need more Tom Lee, I still have 8% before I get liquidated.’ His Ethereum position is currently worth $1.64 million, with an average entry price of $1,562.21, and a liquidation price of $1,538.84.
ETH1.87%
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