"<b>Buddy</b> Sells BAYC to Add to Margin, Reveals Only 8% Away from Liquidation Price"
BlockBeats News, June 26, according to HyperInsight monitoring, the "Brother Ma" Huang Licheng encountered an emergency in his ETH long position. He sold one of his 150 "Bored Ape Yacht Club" (BAYC) NFTs and used the proceeds to add margin and open a larger long position, with a transaction price equivalent to about 10 ETH. The "Brother Ma" account has accumulated a loss of $33.85 million, with a loss of $2.43 million in the past month.
The "Brother Ma" Huang Licheng himself just posted, saying, "We need more Tom Lee. I'm about to be liquidated by 8%." His Ethereum position is currently worth $1.64 million, with an average entry price of $1,562.21 and a liquidation price of $1,538.84.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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