Trader Machi Big Brother Opens 25x Leveraged ETH Perpetual Long Position

On-chain data shows trader Machi Big Brother opened a long position in ETH perpetual futures using 25x leverage, with a position size of about 6,659 ETH. According to Odaily, the position was opened at an average entry price of $1,760.02, with a current mark price of $1,765.30 and a liquidation price of $1,729.47. The position showed an unrealized profit of about $35,200, with margin of about $471,000. Cumulative funding fees were reported as a loss of about $27,700.