This 1/1 @goodvibesclub sold for 17 ETH https://t.co/DTB0fRhXC1
This 1/1 @goodvibesclub sold for 17 ETH https://t.co/DTB0fRhXC1
🚨FORMER ETHEREUM FOUNDATION DEV WARNS: ETHEREUM CORE FUNDING CRISIS IN 3-9 MONTHS!
As the Ethereum Foundation scales back spending, a former contributor says core dev ecosystem funding could dry up soon.
Machibigbrother Closed His ETH Long... Then Opened an Even Bigger One an Hour Later😬. For most traders, closing a losing position is a sign they're stepping back to reassess.
Not for #Machibigbrother . After closing his previous ETH long position around 8 hours ago, the trader barely stayed on the sidelines. Just one hour later, he was back in the market with another aggressive leveraged bet on Ethereum.
This time, he's opened a 25x long on 2,875 $ETH , doubling down on his bullish outlook despite recent losses.
Current Position: ETH Long (25x Leverage), Position Size: 2,875 ETH, Entry Price: $1,709.80, Liquidation Price: $1,665.50, Current Unrealized Loss: Over $47,000
With 25x leverage, even a relatively small move against the trade can have a major impact, and the liquidation price sits just below the entry level. This isn't a cautious re-entry. It's another high-conviction bet that #ETH will bounce from current levels.
Address:
0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872
Machibigbrother Is Staying Bullish Despite a $2.64M Monthly Loss.
Some traders cut risk after a rough month. @machibigbrother is doing the exact opposite.
Despite posting a 30-day loss of approximately $2.64 million, the trader continues to stick with the same strategy, holding a leveraged long position on $ETH and refusing to back down.
Right now, the wallet is still long 2,700 ETH, a position worth roughly $4.72 million.
Current Position: ETH Long, Position Size: 2,700 ETH, Position Value: ~$4.72M, Entry Price: $1,762.88, Current Floating Loss: >$83,000, Liquidation Price: $1,717.62 .
With ETH trading only a relatively short distance above the liquidation price, the position remains under pressure and leaves little room for further downside. Even after losing more than $2.6 million over the past month, #Machibigbrother hasn't abandoned the bullish thesis. same conviction trade, still riding on ETH.
Address:
0x020ca66c30bec2c4fe3861a94e4db4a498a35872
Ethereum (ETH) is a decentralized platform that runs smart contracts, defined as applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk. The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.