2h ago

Machi Big Brother sells 3 Bored Apes, cuts Ethereum long 52.51% to 2,500 ETH as liquidation sits $22.50 away

AI Market Summary

On-chain and venue data indicate the tracked "Machi Big Brother" address has cut a 25x leveraged ETH long from 5,264 ETH to ~2,500 ETH while the liquidation price sits near $1,859 versus an ~$1,882 midpoint, leaving a very thin buffer. The accompanying Bored Ape sales at large losses suggest collateral stress and de-risking, heightening near-term liquidation/volatility sensitivity around ETH.

Impact level

● Medium

Affected assets

ETH/USDT+0.09%

AI Insight · ETH/USDTAI Insight

▼ Bearish

Trade now

⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.

On-chain data show whale Machi Big Brother reduced an ETH long position from 5,264 ETH to 2,500 ETH and sold three Bored Ape NFTs. The position is set to 25x leverage, with a liquidation price of $1,859.15 versus a market price of $1,881.65, leaving a $22.50 gap and elevated liquidation risk. The position is down 52.51% from July 14, while the liquidation price is $102.39 higher than it was then.

Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.

Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.