Trader Machi Big Brother’s high-leverage rolling long ETH account has dropped from about $12.3 million to roughly $1 million after repeated stop-loss triggers in September, according to Ember.
The account reportedly grew from about $150,000 in August as ETH rose from around $1,900 to about $2,500. ETH has since traded in a narrow range near $2,400 to $2,600, pressuring the leveraged long positions. Ember said another ETH decline of several dozen to 100 dollars could wipe out the remaining positions.
Machi Big Brother’s Leveraged ETH Account Falls From $12.3M to $1M
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