Machi's $28.5 Million ETH Long Position $15 from Liquidation Price, Lost $33.6 Million Since Last Year

Odaily Planet Daily News According to on-chain analyst Yu Jin's monitoring, as ETH slightly corrected, ETH long trader Machi (0x020...5872) saw his $28.5 million ETH long position once again on the brink of 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 profits actively, resulting in total losses reaching $33.6 million.