Damn! Machi Big Brother got liquidated again—yet another time! 😭We said we’d eat meat tonight😷!



Just saw the data: Machi Big Brother is on 25x leverage, and his long position now only has 120 ETH left. He used to have 2500 ETH—now he’s sitting on an unrealized loss of $200k.

This big brother is truly pitiful. To cover margin, a few days ago he sold all 34 “Bored Ape” NFTs, trading them for 326 ETH—only to lose 399 ETH. He bought the apes four years ago for 76 ETH; now he’s selling them for 7.65 ETH, a 90% loss.

From assets worth over 100 million down to just $81k in his account. Since the “1011 crash,” he’s been liquidated 145 times. 145 times, brothers! If it were me, my head would explode—I would’ve deleted the app early.

When the US stock market opened tonight, Ethereum tracked Bitcoin lower $ETH ‌down to a low of 1549, and Machi Big Brother’s liquidation price is around 1553. “Want to talk,” says the Great King. “No talk,” says Little Ant. They keep sticking pins back and forth—straight up popping him.

Going from an unrealized profit of $64k to losing like a dog—just one night. He lost $29.92 million in a month.

This is the price of high leverage plus volatility from the news. You think you’re averaging down, but really you’re just handing money to the dog-whales.

Do you think Machi Big Brother will keep adding positions and fighting back tonight? Chat in the comments 👇
$BTC
ETH3.57%
BTC3.56%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned