Odaily Planet News: According to Onchain Lens monitoring, as the market declined, Magi Da Ge's 25x leveraged ETH long position was once again fully liquidated. Subsequently, Machi (0x020...5872) reopened a 25x leveraged ETH long position, which has since experienced partial liquidation. His total losses have now exceeded $25 million.
Machi's 25x ETH Long Position Cleared Again, Total Loss Exceeds $25M
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Summary
Machi's 25x ETH price long position was fully liquidated as market conditions deteriorated. The same address subsequently reopened a similar 25x ETH price long position, which has since faced partial liquidation. Total losses now exceed $25 million. Analysis of ETH shows continued volatility, with leveraged positions facing increased risk. Traders are closely monitoring ETH price movements for signs of recovery or further decline.
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