ChainCatcher reported that on-chain analyst Ember has been tracking Machi Big Brother’s long-running bullish position on Ether. According to the monitoring data cited in the brief, Machi Big Brother has stayed long on ETH for a full year. Over that period, the position went through hundreds to more than a thousand liquidations, yet it remains open.
At present, the ETH long is valued at $48.22 million. The position is showing a floating profit of $3.34 million, while cumulative losses have reached $31.5 million. The brief did not provide extra details on the trading venue, leverage level, or the exact timing of the liquidations beyond saying the position has been maintained for one year.
According to ChainCatcher, on-chain analyst Ember said Machi Big Brother has stayed long on ETH for one year.
During that period, the position went through hundreds to more than a thousand liquidations. It currently remains open as an ETH long valued at $48.22 million, with a floating profit of $3.34 million and cumulative losses of $31.5 million.
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