Gate News bot message, trader Machi (@machibigbrother) experienced a complete liquidation of his Ethereum (ETH) long position with 25x leverage during the recent market decline. Following the liquidation, Machi immediately opened another ETH long position, again using 25x leverage. According to available data, Machi’s total losses now stand at $21.36M.
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Crypto Trader Machi Faces $21.36M Loss After ETH Leverage Position Liquidation
Gate News bot message, trader Machi (@machibigbrother) experienced a complete liquidation of his Ethereum (ETH) long position with 25x leverage during the recent market decline. Following the liquidation, Machi immediately opened another ETH long position, again using 25x leverage. According to available data, Machi’s total losses now stand at $21.36M.