Cryptocurrency trader Machi, known as @machibigbrother, has suffered significant losses due to a series of liquidations. In the past hour, Machi increased his Ethereum long position with 25x leverage. However, a sudden market dip triggered another partial liquidation, bringing his total losses to over $22.75 million. This event highlights the risks associated with high-leverage trading in volatile markets.
Machi Faces $22.75M Loss Amid Ethereum Liquidation Spiral
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