Machi Big Brother’s Perpetual Futures Account Recovers Above $1 Million
Arkham says the trader’s account rose back above $1 million after losing more than $75 million over six months of high-leverage trading and currently holds a $15.3 million Ether long position.
ETH
Summary
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Terms & Concepts
- Perpetual futures: Crypto derivatives contracts with no expiry date, allowing traders to hold leveraged positions continuously.
- High-leverage trading: Using borrowed capital to amplify exposure, which can increase both profits and losses.
- Long position: A trade that benefits if the asset price rises, in this case tied to Ether.