Market Downturn Leads to Significant Losses for Machi in Ethereum Trading

According to Foresight News, Onchain Lens monitoring has revealed that Machi Big Brother (@machibigbrother) faced partial liquidation of his 25x leveraged long position in Ethereum due to the market downturn. Eleven hours ago, he closed part of his position at a loss, and the remaining holdings are currently showing an unrealized loss of approximately $480,000. Overall, Machi has incurred losses exceeding $21.6 million.