$ETH Machi Big Brother Stubbornly Defends ETH Long, Deposits $200K After Partial Liquidation

On 12/12, after a short term dip triggered a partial liquidation of his high leverage 25x Ethereum Long, Machi Big Brother decided against cutting losses. He just deposited another $199,879 to collateralize and maintain the position.

🔸 With the replenished capital, this whale continues to hold a Long position of approximately 3,100 ETH.

🔸 Using 25x leverage on a volatile asset like ETH is a high risk gamble. Adding margin instead of reducing exposure suggests an aggressive desire to recover losses.

Is this the conviction of a genius calling the bottom, or a sign of the Sunk Cost Fallacy?

News is for reference, not investment advice. Please read carefully before making a decision.