Over the past six months, Machi (#machibigbrother ) has sold more than 60 NFTs, reportedly using the proceeds to fund high-leverage perpetual futures trades.
The trading results haven’t been kind. His losses have now exceeded 989 ETH, worth around $2.35 million.
It’s a notable shift from holding #NFTs to selling them to fund leveraged positions. Whether his trading strategy turns around remains to be seen, but the losses so far are substantial.
The trading results haven’t been kind. His losses have now exceeded 989 ETH, worth around $2.35 million.
It’s a notable shift from holding #NFTs to selling them to fund leveraged positions. Whether his trading strategy turns around remains to be seen, but the losses so far are substantial.
