Machi's $28.5M ETH long position is $15 away from liquidation price, with total losses of $33.6M since last year

Odaily Odaily reports: According to on-chain analyst EmberCN's monitoring, as ETH slightly retraces, ETH bull Machi (0x020...5872)'s $28.5 million ETH long position is once again nearing liquidation, just $15 away from the $1,860 liquidation price. Since last year, Machi has consistently employed a strategy of going long, rolling over positions after unrealized gains, and rarely taking profit proactively, resulting in total losses reaching $33.6 million.