On-chain analyst Ember reports that Machi Ji has stopped out and closed some long ETH and BTC positions due to proximity to liquidation levels. His earlier rolling long strategy grew $150,000 to $11 million, but funds have now fallen to $4.5 million.
According to on-chain analyst Ember, Machi Ji has stopped out and closed some long positions due to being close to liquidation prices. His ETH long position is $50 away from liquidation, and his BTC long position is $1,800 away. Previously, Machi grew $150,000 to $11 million through rolling long positions, with funds recently dropping to $4.5 million.
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