Big Brother Machi opens leveraged long position on 6,659 ETH, position value $11.75 million, liquidation price $1,729

According to on-chain data, Big Brother Machi opened a long position on ETH perpetual contracts with 25x leverage, holding approximately 6,659 ETH, with a position value of about $11.75 million.

The average entry price for this position is $1,760.02, the current mark price is $1,765.3, and the liquidation price is $1,729.47. The current unrealized profit is approximately $35,200, with a margin of about $471,000. The cumulative funding fees have resulted in a loss of approximately $27,700.