#BTC下探60000美元关键关口

Machibig Brother has started selling his prized Bored Apes to replenish margin. Is it that after he sells all his Bored Apes, the bull market will come?!

Machibig sells BAYC to replenish ETH long margin, shouting that he needs more Tom Lee.

On June 26, according to HyperInsight monitoring, Machibig Brother Jeffrey Huang's ETH long position was in danger. He sold one of his 150 Bored Ape Yacht Club (BAYC) NFTs and used the proceeds to add margin and increase his long position. The transaction price was equivalent to about 10 ETH. Machibig's account has accumulated a loss of $33.85 million, with a loss of $2.43 million in the past month.

Machibig Brother Jeffrey Huang himself just posted, saying, "We need more Tom Lee. I am only 8% away from liquidation." His ETH position is currently worth $1.64 million, with an average opening price of $1,562.21 and a liquidation price of $1,538.84.

Jeffrey Huang's high-leverage long position in ETH is again in danger. His strategy has shifted from adding external funds to selling NFT assets to replenish margin. Since August last year, his ETH long position has been partially or fully liquidated multiple times, then repeatedly rebuilt, but the average opening price and liquidation line have dropped from above $3,200 at the end of last year to around $1,562 currently.

Related reports show that his margin replenishment amount has dropped from hundreds of thousands of dollars in the early stage to about $14k in October last year, until this forced sale of BAYC. This is not only a struggle of an individual position, but also reflects the liquidity status of NFTs as the "last ammunition depot" for high-leverage traders. As traditional financing channels tighten, top blue-chip NFTs become collateral for emergency cash-out, and their price support logic is being partially rewritten.