Jeff Huang, known in the market as "Machi Big Brother," is nearing liquidation on a large Ether position, according to on-chain tracker Lookonchain. The monitored address holds a 39,025 ETH long position valued at about $99.8 million. As the market moved lower, the position approached its liquidation threshold. Lookonchain said the liquidation price stands at $2,501.38. The update was cited by BlockBeats on Oct. 7.
Jeff Huang, also known as "Machi Big Brother," is close to liquidation on a large Ether position as the market declines, according to Lookonchain.
BlockBeats reported on Oct. 7 that an address linked to Huang is holding a 39,025 ETH long position worth about $99.8 million. Lookonchain said the liquidation price for the position is $2,501.38.
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