CoinWorld News reports that the on-chain monitoring platform Lookonchain said Machi sold another 3 Bored Apes today at a price of 27.42 ETH (about $44,000) to raise more ETH long position funds, incurring a loss of 25 ETH (about $40,000). He currently holds a long position of 2,600 ETH (about $4.2 million), with a liquidation price of $1,596.69.

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CancelingOrdersIsLikeBreathing
· 14h ago
Machi's moves give me chills, cutting losses on NFTs to go long ETH, truly all-in to the end.
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GateUser-a9315d81
· 14h ago
From monkeys to leverage—this transition is so Web3. Can’t wait to see whether it ends in a get-rich-quick windfall or liquidation.
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AutumnSlopePath
· 14h ago
The tuition of 25 ETH hurts a bit, but a position of 2600 ETH is even more thrilling—if the liquidation is at 1600, there's still some room to play.
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