Machi: Sells 34 Bored Apes at Loss for ETH Longs

Machi sold 34 Bored Apes for 326 ETH worth $514K over the past month, booking a 399 ETH loss to keep his leveraged long positions alive on Hyperliquid.

His account sits at just $81K after the most recent liquidation three hours ago. ETH price prediction models must now factor the 4h chart where price holds at $1571.81 inside the Bollinger Bands, testing upper resistance at $1641.49 while EMA50 at $1638.09 caps any bounce in the bearish structure defined by EMA200 at $1803.49; the MACD golden cross offers little conviction against neutral RSI at 41.1, pointing to probable retest of lower support at $1531.53 before further continuation.