According to on-chain data platform Onchain Lens, as the crypto market declined, Machi Big Brother, a well-known figure in the crypto community, saw his high-leverage ETH long position partially liquidated again, along with some active position closures.
Currently, Machi Big Brother still holds a 25x leveraged long position of 2200 ETH, with the next liquidation price only $22 away. With 25x leverage, a mere 1% drop in ETH price translates to a 25% loss of principal, placing this position in an extremely narrow risk band.
If ETH drops another $22 from current levels, the position will face full liquidation. This marks the second partial liquidation on the same position in recent times. High-leverage trading carries enormous risk during crypto market downturns, and liquidation events often amplify declines through market panic.