Trader: Rebuilds $100M ETH Long After $1.5M Stop-Out
麻吉大哥 rebuilds $100M ETH and $10M BTC longs after $1.5M loss from high-leverage stops in oscillating markets, now holding $114M total exposure.
SourceAnalysis
麻吉大哥 added back positions after a one-hour pullback triggered $1.5 million in stop-outs on high-leverage ETH and BTC trades, trimming his stack from $11 million to $6.5 million over recent sessions.
The rolling strategy suffers repeated hits in sideways action because elevated leverage places liquidation prices close, forcing frequent reductions that compound losses during BTC and ETH consolidation.
Current exposure stands at $100 million ETH long entered at $2,463 with liquidation at $2,307 plus $10 million BTC long, leaving the book vulnerable to further chop before any sustained upside.
With price testing upper Bollinger resistance at $2,517.31 while RSI sits at 40.84, a healthy retracement to the 50-EMA support at $2,421.73 appears probable before continuation, especially as MACD death cross at -3.26 reinforces the bearish EMA50-EM A200 structure and keeps ETH price prediction tilted lower near current $2,417 levels.
余烬
@EmberCNAnalyst about On-chain Analysis