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

2026-07-16 13:05
Odaily Planet Daily News According to on-chain analyst Yu Jin's monitoring, with a slight pullback in ETH, the ETH long position of Machi (0x020...5872), worth $28.5 million, is once again on the verge of liquidation, just $15 away from the liquidation price of $1,860. Since last year, Machi has continued to adopt an operational approach of going long, rolling over positions after unrealized gains, and rarely taking the initiative to take profits, with total losses now reaching $33.6 million.