According to on-chain data cited by Odaily, Machi Big Brother (@machibigbrother, address 0x020...872) is seeing his 25x leveraged ETH position undergo liquidation as the market moves lower. The address has recorded a loss of $320,000 today, and the reported position is tied to an ETH long exposure.
25x ETH Long Position Comes Under Pressure
The data shows that the new liquidation price for Machi Big Brother’s ETH long position is $1,685. His current long position stands at 1,200 ETH. A 25x leveraged position is more sensitive to price changes because leverage magnifies the effect of market movement on the margin supporting the trade.
The disclosed on-chain information includes the account identifier, the trading direction, the leverage level, today’s loss amount, the liquidation price and the current size of the ETH long position. The report did not provide details on other position changes beyond the ETH long position described above.