Cryptocurrency trader Machi, known as @machibigbrother, has experienced a partial liquidation on his Ethereum (ETH) long position, which was leveraged at 25x. The market downturn has brought his position perilously close to another liquidation, with only a $30 price drop needed to trigger it. Currently, Machi is facing a loss of $23.6 million, with a floating loss exceeding $1 million.