“Brother Maji”’s 25x leveraged long ETH position was fully liquidated, resulting in a $1.9 million loss.

TechFlow reports that on June 25, on-chain analyst Onchain Lens (@OnchainLens) observed that “Brother Machi” had his 25x leveraged long ETH position fully liquidated, resulting in a loss of $1.9 million. Notably, immediately after the liquidation, Machi opened another 25x leveraged long ETH position; his cumulative losses have now exceeded $35.4 million.