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Whale '麻吉大哥' Places 1,800 ETH Orders Between $4,550 and $4,800

On-chain data shows the trader has recently closed over 1,300 ETH from a high-leverage position, with both remaining longs facing liquidation near $4,177.

ETH

Fact Check
The statement is directly supported by Source 1, a crypto news outlet that reports an on-chain analyst observed 'Machi Big Brother' placing orders for 1,800 ETH in a price range starting at $4,550. Source 3 corroborates this report. Source 2 provides context by identifying 'Machi Big Brother' as a known major crypto holder (a whale), lending credibility to the large order size.
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Summary

On-chain analyst Ai Yi reported that a whale, associated with a $125,000 rolling ETH long strategy, closed an additional 1,300.47 ETH. Both of the whale’s open long positions now have liquidation prices near $4,177, increasing the risk of forced liquidation as market prices approach this threshold. This update follows earlier reports of large ETH long and short positions held by the trader, known as 麻吉大哥, with significant leverage and prior liquidation levels just above current trading prices.

Terms & Concepts
  • ETH (Ethereum): The native cryptocurrency of the Ethereum blockchain, used for transactions, smart contracts, and decentralized applications.
  • On-chain Analysis: A form of blockchain analysis that examines data recorded directly on the blockchain to track transactions, balances, and market activity.
  • Liquidation Price: The specific market price at which a leveraged position is automatically closed by an exchange to prevent further losses.