Gate News bot message, trader Machi (@machibigbrother) experienced a complete liquidation of his 25x leveraged ETH long position, resulting in a $3.6 million loss during the recent market downturn.
Following the liquidation, Machi immediately opened another ETH long position with the same 25x leverage. His total accumulated losses have reached $19 million from his repeated long positions.
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Crypto Trader Machi Loses $3.6M in ETH Leveraged Position, Immediately Opens New Long
Gate News bot message, trader Machi (@machibigbrother) experienced a complete liquidation of his 25x leveraged ETH long position, resulting in a $3.6 million loss during the recent market downturn.
Following the liquidation, Machi immediately opened another ETH long position with the same 25x leverage. His total accumulated losses have reached $19 million from his repeated long positions.