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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.
According to on-chain analyst Onchain Lens (@OnchainLens), “Brother Machi” had his 25x leveraged long ETH position fully liquidated, resulting in a loss of $1.9 million. Notably, Machi immediately opened a new 25x leveraged long ETH position after the liquidation, bringing his cumulative losses to over $35.4 million.
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