'Machi' Closes ETH Long Position at a Loss and Opens a New Long Position with 2,100 ETH

BlockBeats News, December 7, according to on-chain analyst Ai Yi (@ai_9684xtpa), as ETH dropped to $2,900, 'Machi' closed his ETH long position at a loss, incurring a $738,000 loss. However, he opened a new long position with 2,100 ETH ($6.18 million). The account balance, which once recovered to $3 million, has now dropped to only $227,000.