Key Takeaways:
Notorious crypto whale Machi Big Brother has realized a profit of $1.14 million over the past week, a significant turnaround from the trader's history of frequent liquidations.
"Machi Big Brother (@machibigbrother) has made a profit of $1.14M in the past week with a 100% win rate," on-chain analytics platform Lookonchain said in a recent report.
The profit was generated from a string of 13 successful trades. Data also shows the wallet associated with Machi Big Brother has not suffered a liquidation in the past 10 days, a stark contrast to a trading history often marked by large, high-leverage positions that were frequently liquidated.
The trader's sudden winning streak and shift in fortune are likely to attract significant attention from the crypto community. This could lead to a wave of copy traders attempting to mirror Machi's positions and increase speculative interest in the specific assets being traded, which could in turn affect their volatility.
Lookonchain's analysis is based on the publicly visible activity of the Ethereum wallet address identified as belonging to Machi Big Brother. While on-chain data provides a transparent look at trading actions, the specific strategies or reasons for this recent success remain unknown. The activity highlights the potential for high profitability in volatile crypto markets, but also underscores the significant risks, as exemplified by the trader's own past liquidations.
This article is for informational purposes only and does not constitute investment advice.
