Cryptocurrency trader Machi (@machibigbrother) has experienced another partial liquidation on his Ethereum long position, which was leveraged at 25x. The recent market downturn has pushed his losses to $27.56 million. Machi is currently only 4% away from facing another potential liquidation, highlighting the risks associated with high-leverage trading strategies.
Machi Faces Partial Liquidation on $ETH Long Position
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
