Machi loses $8.44M in a week as account value falls below $1M again
- —Machi's weekly loss reached $8.44 million
- —His account value fell below $1 million again
- —The 9,950 ETH long is worth $24.68 million
- —New liquidation price stands at $2,431.59
Why it matters: The large position is vulnerable if ETH drops below $2,431, potentially adding selling pressure.
Source: PANews
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