Machi Big Brother Liquidated on 25X ETH Leverage: $29M in Losses

Prominent trader Machi Big Brother (@machibigbrother on X) faced full liquidation on a 25x leveraged long position in Ethereum, resulting in an estimated $29 million loss, according to OnchainLens. The wipeout occurred as ETH traded near $1,800 after a 37% decline over the last 30 days. At 25x leverage, a 4% move against the position […] Read The Full Article Machi Big Brother Liquidated on 25X ETH Leverage: $29M in Losses On Coin Edition.