MachiBigBrother’s leveraged ETH position is nearing liquidation as the market declines, according to on-chain tracker Lookonchain, in a brief update cited by ChainCatcher. The position involves 39,025 ETH and is valued at about $99.8 million based on the figures provided in the report. Lookonchain said the liquidation price stands at $2,501.38. The update did not include additional details on the platform, margin structure, or any position changes beyond the liquidation threshold cited. The report was published by ChainCatcher under its whale movement coverage.
MachiBigBrother’s long position in 39,025 ETH is nearing liquidation as the market falls, according to Lookonchain, in a brief report published by ChainCatcher.
Based on the figures in the update, the position is worth about $99.8 million, and its liquidation price is $2,501.38.
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