Machi Big Brother Faces Significant Losses in Ethereum Trading

According to PANews, Machi Big Brother, also known as singer Huang Licheng, experienced a complete liquidation of his 25x leveraged Ethereum long position amid a market downturn, resulting in a loss of approximately $3.6 million. Despite this setback, Machi has reopened a 25x leveraged long position on Ethereum. Statistics indicate that Machi has incurred losses exceeding $19 million through similar trading strategies, yet he continues to pursue long positions in Ethereum.