“Maji Dage” has begun cutting losses, with cumulative losses exceeding $5 million over the past week.

TechFlow reported on September 15 that according to on-chain analytics platform Lookonchain (@lookonchain), well-known crypto whale Machi (@machibigbrother) has begun cutting losses amid the sustained market downturn, accumulating over $5 million in losses over the past week. Currently, they hold only a long position of 20,000 ETH (approximately $47.98 million), with a liquidation price of $2,380.57 that is relatively close to the current price, indicating a significant risk of liquidation.