Machibigbrother further bought FRIEND despite unrealized loss

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May 08, 2024

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Machibigbrother further bought FRIEND despite unrealized loss

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Related addresses

0xf0ea13334d6f74044ec7332de1c6ec194179df3d

Total tokens transferred

156

ETH

189.435K

FRIEND

Related transactions

BunnySwap (POINTS-ETH)

0xf0ea13334d6f74044ec7332de1c6ec194179df3d

May 08, 03:54

BunnySwap (POINTS-ETH)

0xf0ea13334d6f74044ec7332de1c6ec194179df3d

May 08, 03:58

Whale 0xf0e (likely Machibigbrother) just swapped 157 ETH ($477K) to 189,435 FRIEND at $2.515 on average:

transaction 1: 0x04031eefcb459fcaa2b52cf288919b866bdca773b0e2418d63ac88f29b03a86c
transaction 2: 0xbd664a9e0648fc31ce5d1512b8df1588ee35d0efb3e02880274feb159a2e0720
address: 0xf0ea13334d6f74044ec7332de1c6ec194179df3d

Notably, the whale has bought 2.516M FRIEND via direct swaps at $2.338 on average (estimated cost: $5.88M) in the past 5 days.

Currently, the whale holds a total of 2.73M FRIEND ($6.37M), of which 780K FRIEND ($1.92M) is added to the farming pool with friend.tech, and appears to be suffering an unrealized loss of around $500K (-8.5%) from FRIEND.

Fig 1. Whale 0xf0e (likely Machibigbrother)'s DEX purchases and sales of FRIEND.

#friend

#buy

#machibigbrother

Related signals

2024 Sep 09 - 03:44

Machi Big Brother faces a $15M loss after friend.tech team disowned smart contract

Machi Big Brother now faces a serious loss of $15M+ on FRIEND after the price crashed following the friend.tech team’s smart contract renouncement. Currently, he still holds 11.1M FRIEND ($689K) but with contract ownership revocation, a revival of the platform is very unlikely.

2024 Jun 27 - 00:45

Machi Big Brother bought $4.65M worth of BLAST

Machi Big Brother, a major BLAST depositor, bought 198.4M BLAST with 1,491.4 ETH ($4.65M) at an average price of $0.023 after its launch yesterday. However, in a similar move, he also spent $17M worth of ETH to buy FRIEND after its launch on May 4, but is now at a $10M+ loss.

2024 May 15 - 04:33

Trader sold all FRIEND at loss after 10 days

Trader 0xecb swapped all 224,867 FRIEND ($305K) for 105.2 ETH at $1.356, accepting a loss of 95 ETH (~$276K, or -47.5%) after only 10 days due to FOMO trading. The FRIEND price dropped 15.27% in the past 24 hours.