Machi Faces Liquidation Amid Market Decline, Opens New Ethereum Position
Onchain Lens posted on X that as the market experiences another downturn, Machi, known by the handle @machibigbrother, has faced complete liquidation on his Ethereum (ETH) and Bitcoin (BTC) long positions. Despite this setback, Machi has initiated a new Ethereum long position with 25x leverage. Currently, Machi's losses amount to over $28. 8 million.
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