Markets· ★★· bearish·

Trader Machi's 25x ETH long partially liquidated, only 252 ETH left

  • —Remaining position: 252 ETH, worth about $592,000
  • —Unrealized loss stands at roughly $24,000
  • —Liquidation price for the remaining position is $2,326 per ETH
Why it matters: A clear illustration of high-leverage risk: even large traders get liquidated during sharp ETH moves.
#ETH
Source: PANews
More on this
Markets · Oct 15
Machi Big Brother reopens 25x ETH long with 290 coins after liquidation
 Markets · 22:45
Trader Machi's account liquidated five times in an hour, only about $5K left
 Markets · Oct 16
Machi-linked wallet liquidated 1,650 ETH and re-entered long within 6 minutes 55 seconds