Machi's Long Positions Rise to $130 Million as Unrealized Losses Reach About $670,000

On September 1, TradingBeats monitoring showed that Machi's total long positions had increased to $130 million, with combined unrealized losses of about $670,000. According to BlockBeats On-chain Detection, the positions included a 25x leveraged long on 40,300 ETH, valued at about $99.3693 million, with an average entry price of $2,454.44, unrealized gains of about $450,000, and a liquidation price of $2,319.03. The report also said Machi held a 40x leveraged long on 395 BTC, valued at about $31.0047 million, with an average entry price of $77,932, unrealized gains of about $220,000, and a liquidation price of $63,638.7.