Ethereum Plunges, but "Machi" Keeps Buying? $37.36 Million Long Position Profits Have Already Shrunk

RumbleValidator

2025-12-05 09:34:14

[BlockBeats] This afternoon, Ethereum kept dropping, but “Machi” actually bought more as the price fell?

Latest data shows that this guy’s ETH 25x long position has already reached $37.36 million. However, his unrealized profit has also shrunk, now down to just $863,700.

While the market is panicking, he’s doubling down. Is this move a real show of confidence in the future market, or is he just gambling on a rebound?

ETH0.46%

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CommunitySlacker

· 12-05 10:03

This guy is really ruthless. The more it drops, the more boldly he buys. His mentality is incredible.

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MevWhisperer

· 12-05 10:03

This guy is really ruthless. Even with such a reduced floating profit, he still dares to keep adding to his position?

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JustHereForMemes

· 12-05 10:03

Is this guy really ruthless, or just blinded by gambling? 860,000 in unrealized gains just disappeared.

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SilentObserver

· 12-05 09:45

This guy is really bold, his unrealized gains are almost gone and he's still aggressively buying the dip.

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