Techub News, citing a post from @ai_9684xtpa, said crypto trader Machi closed 20,500 ETH during last night’s market drop and realized a loss of $3.413 million. He then added to his position twice during the early-morning rebound. His latest position stands at 9,825 ETH, valued at about $24.33 million. The position is currently showing an unrealized loss of $845,000, with a liquidation price of $2,430.27. The post also said cumulative funding fees have reached $1.344 million. The update outlines a sharp round-trip in Machi’s ETH exposure over a short period, from a large-scale closeout during the sell-off to renewed buying during the rebound.
Techub News reported, citing a post by @ai_9684xtpa, that crypto trader Machi closed 20,500 ETH during last night’s market decline, taking a loss of $3.413 million.
He later added to his position twice during the early-morning rebound. His latest holdings stand at 9,825 ETH, worth about $24.33 million. The position is currently down $845,000 on paper, with a liquidation price of $2,430.27. Cumulative funding fees have reached $1.344 million.
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