Four hours after being completely liquidated, Machi Big Brother quickly reopened a 25x leveraged long position $ETH . He now holds 1,325 ETH, worth about $3.2 million, with a liquidation price of $2,368. Bouncing straight back with high leverage immediately after being wiped out could quickly spark herd behavior among the market’s bulls. But with the liquidation level at $2,368 so close, it instead gives bears a clear liquidity target to drive the price down toward.

#ETH #FuturesLeverage