Techub, citing a post from on-chain tracker Lookonchain, said trader Machi, also known as @machibigbrother, lost $8.44 million from trading over the past week. As the market moved lower, the value of his account fell below $1 million again, according to the post. Lookonchain said Machi is currently holding a long position of 9,950 ETH, valued at about $24.68 million based on the figures in the update. The post also said the position’s new liquidation price is $2,431.59. The update focuses on the scale of the weekly loss, the drop in account value, and the current exposure tied to Ether.
Techub News, citing a post on X from Lookonchain, reported that Machi (@machibigbrother) recorded a trading loss of $8.44 million over the past week. As the market declined, the value of his account fell below $1 million again.
Lookonchain said Machi is currently holding a 9,950 ETH long position, worth about $24.68 million, with a new liquidation price of $2,431.59.
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