Crypto trader Machi, known by the handle @machibigbrother, is currently facing losses exceeding $27.8 million due to high-leverage trading positions. Despite the significant losses, Machi continues to open new positions with maximum leverage.
Machi's current long positions include $13.08 million in Ethereum (ETH) at 25x leverage, $1.69 million in Bitcoin (BTC) at 40x leverage, $1.29 million in HYPE at 10x leverage, and $38,000 in VVV at 3x leverage. The trader's aggressive strategy highlights the risks associated with high-leverage trading in volatile markets.
Crypto Trader Machi Faces $27.8M Loss Amid High-Leverage Positions
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