Machi(@machibigbrother), who has been liquidated nearly 500 times, turned just $152K into $12.72M in only 3 days, making a profit of over $12.5M! Looks like he doesn't need to sell his Bored Apes to keep his longs going anymore.

What happened

A trader named Machi, who had been liquidated nearly 500 times, turned $152,000 into $12.72 million in three days, earning over $12.5 million in profit. This means he no longer needs to sell his Bored Ape NFTs to support his long positions.

Confirmed

Global impact / market context

This shows that high-risk trading can produce huge gains quickly, but also carries extreme danger, as seen by his many liquidations, which means forced sales when borrowed money runs out. It highlights how volatile crypto markets can be for individual investors.

Analyst inference

Such a large profit in a short time may signal strong market momentum or high price swings in certain crypto assets. This could attract more speculative trading, increasing market activity and potentially affecting prices of related tokens and NFTs.

Analyst inference

What to watch

1. Watch whether Machi continues to hold his long positions, which are bets that prices will rise, or if he sells them to lock in his profits, as this could influence market direction. Confirmed
2. Investors should monitor trading volumes and price movements in the assets Machi trades, since his large positions might cause sudden price changes if he decides to exit. Proposed
3. If more traders attempt similar high-risk strategies, it could increase market volatility, meaning prices may swing sharply, which might create both opportunities and risks for other investors. Analyst inference

Evidence

• x.com