On-chain monitor @ai_9684xtpa said Machi Big Brother has been gradually trimming an ETH long position, reducing it by 7,000 ETH. The account now holds 9,600 ETH worth about $17.76 million. At current levels, the position sits only $16 away from its liquidation price, leaving little room for further downside. Over the past 24 hours, the account has recorded a cumulative drawdown of $1.008 million, with nearly all floating profit erased. The update points to a sharply weakened buffer on the remaining position as the wallet continues to scale down exposure.
According to on-chain monitor @ai_9684xtpa, Machi Big Brother has been gradually reducing an ETH long position, cutting 7,000 ETH from the trade.
The account now holds 9,600 ETH worth about $17.76 million. The current market price is just $16 above the liquidation level. Over the past 24 hours, the account has posted a cumulative drawdown of $1.008 million, with nearly all unrealized profit wiped out.
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