Lookonchain said Machi (@machibigbrother), linked to address 0x020...5872, lost $8.44 million over the past week. As the market fell, the account’s value dropped below $1 million again. Despite the drawdown, the account is still holding a 9,950 ETH long position. Lookonchain put the value of that position at $24.68 million and said the latest liquidation price stood at $2,431.59. The update points to continued exposure to ETH even after a sharp weekly loss and another drop in account equity below the $1 million mark.
According to Lookonchain, Machi (@machibigbrother), tied to address 0x020...5872, lost $8.44 million over the past week.
As the market moved lower, the account’s value fell below $1 million again. The account is currently holding a 9,950 ETH long position valued at $24.68 million, with the latest liquidation price at $2,431.59.
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