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ETH 25x Long Position of ‘Big Brother Machi’ Fully Liquidated, $1.9M Lost

Source: X Community

A high-leverage ETH long position opened by the well-known crypto figure ‘Big Brother Machi’ (Machi) was fully liquidated, resulting in a loss of $1.9 million. The 25x leverage amplified the impact of ETH’s price decline, wiping out the entire position. This event highlights the risks of aggressive leverage in volatile crypto markets.

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