Lookonchain said Machi Big Brother lost about $8.44 million over the past week as the market fell. The account’s value dropped below $1 million again during the decline. Despite the drawdown, the position remains open, with 9,950 ETH in a long trade valued at about $24.68 million based on the figures in the post. Lookonchain also said the new liquidation price stands at $2,431.59. The update points to continued exposure to ETH even after a sharp weekly loss and a renewed drop in account value.
According to Lookonchain, Machi Big Brother lost about $8.44 million over the past week.
As the market declined, the account’s value fell below $1 million again. The account still holds a long position of 9,950 ETH, worth about $24.68 million based on the figures provided, with a new liquidation price of $2,431.59.
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