$35M ETH Long Peril: Whale Risks All To Defy Disaster
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Taiwanese musician & digital art collector Huang Licheng a.k.a Machi Big Brother is back making relentless long plays on Ethereum’s (ETH) price. This time, this major-scale crypto whale slapped 284,000 USDC on a 25x leveraged Ether position, currently worth nearly $10 million as ETH is rocking the $3,888 price tag. Whale Loses Big, Is Still Convinced Of Ether’s Rebound Last week, the seasoned trader’s conviction on Ethereum’s (ETH) price growth cost him $13.7 million, wiping out a previously profitable, but still over-leveraged position. Machi Big Brother, the celebrity crypto whale behind this Ether (ETH) play, has previously made $44.84
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2d ago•
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