ETH: Summary of Valuescan community discussions (15:00:09 ~ 16:00:09)

[Extracting viewpoint materials] 1. Trading partner "Machi Big Brother" continuously reduced his ETH holdings in small increments during the 15:08 period on February 6, 2026. His position decreased from 640 ETH to 512 ETH, and then to 500 ETH, representing reductions of 20% and 2.3% respectively, indicating a cautious adjustment to his long ETH position. [src: @Valuescan, 2026-02-06 15:08:16/#2116080；ref: window] 2. Machi Big Brother long ETH position is currently experiencing significant unrealized losses, ranging from 66.68% to 67.97%, and is only 1.4% to 1.6% away from the liquidation price. The risk threshold is clear, reflecting short-term pressure on the ETH long position in the market. [src: @Valuescan, 2026-02-06 15:08:30/#2116081；ref: window] 3. AI wallet analysis shows that Machi Big Brother's trading strategy is predominantly bullish, indicating he is a high-frequency trader with large capital. His current ETH position is highly leveraged (25x), with a maximum drawdown of 159.9%, suggesting significant operational risk and aggressive market behavior. [src: @Valuescan, 2026-02-06 15:08:16/#2116080；ref: window] 4. At 15:08, Machi Big Brother's average ETH holding price was around $1890. The current market price is below his cost price, resulting in significant unrealized losses. Fund movements show continuous reductions in holdings to avoid further losses, reflecting a cautious approach to ETH trading. [src: @Valuescan, 2026-02-06 15:08:30/#2116081；ref: window] 5. From 14:59 to 15:08, Machi Big Brother's ETH position reduction showed a gradual decreasing trend, with the position decreasing from 800 ETH to 500 ETH, and the liquidation distance widening from 1.0% to 1.6%, indicating that he adopted a phased reduction strategy to control risk when the market was under pressure. [src: @Valuescan, 2026-02-06 14:59:18/#2116027；ref: ctx] 6. With the reduction of ETH positions, funds are gradually being released from their high levels, with the value decreasing from around $300,000 to approximately $22,000, reflecting a clear outflow trend and a cautious or wait-and-see attitude in market sentiment. [src: @Valuescan, 2026-02-06 15:08:16/#2116080；ref: window] 7. Although Machi Big Brother still holds a long position in ETH, his actions reflect his vigilance regarding market uncertainty as losses worsen and the risk of liquidation looms. Short-term fund movements suggest a tendency to reduce positions to mitigate risk. While the overall market outlook remains bullish, the risks are significant. [src: @Valuescan, 2026-02-06 15:08:16/#2116080；ref: window] [Summarizing Key Clues (Optional)] - Machi Big Brother has been gradually reducing his long position in ETH, from 800 ETH to 500 ETH, reflecting a gradual withdrawal of funds. - ETH long positions are suffering significant unrealized losses, with a loss ratio exceeding 65%, and the margin for liquidation is less than 2%, indicating an imminent risk. - The trading strategy is bullish and involves high leverage, while fund flows indicate cautious risk-averse selling behavior. - The value of funds has shrunk significantly, market sentiment is cautious or wait-and-see, and although the short-term speculation direction is bullish, the risks are significant.