Machi's 25x ETH long nears full liquidation with only 68 ETH left
- —Position reduced to 68 ETH, worth roughly $157,000
- —Liquidation price at $2,290 versus ETH near $2,320
- —Only $30 of price buffer remains before forced closure
Why it matters: A forced unwind of a prominent leveraged long could add selling pressure on ETH around $2,300 amid a weak market.
Source: PANews