"Machi Big Brother" sold 3 BAYC tokens in exchange for 27.42 ETH to increase long position.
Related
Machi Big Brother reduced his long positions by 1,720 ETH, bringing his total holdings down to approximately $8.77 million.
According to Odaily Odaily, Hyperinsight monitoring shows that Machi Big Brother Dage," reduced his long positions in ETH by 1,720 tokens, worth approximately $3.1233 million. His current ETH long positions amount to approximately $8.7745 million, with an average opening price of approximately $1,768.53. His current unrealized loss is approximately $68,200 (-19.43%), and the liquidation price is approximately $1,749.17.
Machi Big Brother posted a picture showing he holds 11,100 ETH in long positions on Ethereum: ready to make it all back in one go.
According to Odaily Odaily, Huang Licheng, known as "Machi Big Brother," posted a screenshot on the X platform showing a 25x leveraged long position in Ethereum, indicating a position of 11,100 ETH with an entry price of $1,735 and a liquidation price of $1,751. The post was captioned, "Going to make it all back in one trade." However, according to the latest data from Hyperbot, Machi Big Brother closed his long position and reduced his holdings one hour ago. His current position is 10,100 ETH, with a value of approximately $17.8871 million.
Santiment: Bitcoin and Ethereum exchange supply is near all-time lows, reflecting increased investor confidence.
PANews reported on July 8 that, according to Cointelegraph, Santiment data shows that the supply of Bitcoin and Ethereum on exchanges is near all-time lows, with Bitcoin at its lowest level since 2017 and Ethereum at its lowest level since 2015, reflecting increased investor confidence.
Pump has sold a total of 4.73 million SOL tokens, generating transaction fees worth $805 million.
According to Odaily Odaily, based on monitoring by on-chain analyst Yu Jin, Pump continued to cash out its transaction fee revenue after nearly a month. Six hours ago, it transferred 122,500 SOL tokens to Kraken, worth $10.08 million. Since the beginning of 2024, Pump has reportedly sold a total of 4.73 million SOL tokens, generating transaction fee revenue worth $805 million, at an average price of approximately $170 per token.
AKE's major shareholders transferred another $2.24 million worth of tokens to Binance Alpha and then sold them off, causing AKE to drop another 33%.
According to BlockBeats, on July 7th, on-chain analyst Yu Jin monitored that three days ago, approximately $1.22 million worth of AKE (3.944 billion tokens) was transferred to Binance Alpha by AKE market makers and then sold off. AKE fell 40% that day, from $0.0005 to $0.0003. In the past few hours today, approximately $2.24 million worth of AKE (9.825 billion tokens) continued to be transferred to Binance Alpha by AKE market makers, while a sell-off is also occurring on-chain. Affected by this, AKE was again dumped by 33%, with the price falling from $0.0003 to $0.0002.
Tom Lee: The rise in the ETH/BTC exchange rate indicates that investors expect improved visibility of crypto use cases.
According to BlockBeats, on July 6, Tom Lee, chairman of BitMine, the largest Ethereum treasury, wrote that although there is still widespread skepticism about ETH in the market, the rise in the ETH/BTC exchange rate shows that investors are expecting improved visibility of cryptocurrency "use cases," which is a good thing for the market.