Machi Big Brother Raises ETH Long Position to 11,200 Ether

According to HyperInsight, the position was valued at about $24.4 million on March 19, with an average entry price of $2,226.86 and an unrealized loss of $530,000.

ETH

Summary

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Terms & Concepts
  • ETH long position: A market bet that Ether’s price will rise, giving the holder exposure to gains if the asset increases in value.
  • Unrealized loss: A paper loss on an open position that reflects current market prices but has not been locked in through a sale or closure.
  • Average entry price: The mean purchase price of an asset across accumulated trades, used to measure profit or loss on a position.