Market Decline Leads to Partial Liquidation of Machi's Ethereum Position

Onchain Lens posted on X. Amidst a continuing market downturn, Machi, known by the handle @machibigbrother, experienced a partial liquidation of his Ethereum long position, which was leveraged at 25 times. The next potential liquidation is just $30 away. Currently, Machi faces a loss of $23.6 million, with a floating loss exceeding $1 million.