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Bitcoin broke through 64,000 against the trend, and "Machi" followed up by increasing long positions. Currently, his Ethereum long position has increased to $17.08 million, with a liquidation price of $1,765.32.
To be honest, I can't really call Machi a retail trader, because retail traders wouldn't be so foolish as to keep going long, losing tens of millions and still stubbornly going long without learning their lesson! They clearly don't understand the principle of "if you can't beat them, join them."
I can only think he has some conspiracy or open strategy! Ethereum is already at $1,766, and it seems like it will be liquidated this time too. I can't call him stupid, but I know he has a lot of money.
$ETH