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$ETH Machi Faces Another Brutal Liquidation Wave as ETH Tanks!
Machi (@machibigbrother) just took another partial liquidation hit, with multiple forced closes shown on-chain — including 1,200 ETH and 1,600 ETH liquidated in rapid succession as ETH slid below $2,890. His realized losses stack sharply across ETH, BTC, and HYPE positions.
Despite the cascade, Machi is still holding a massive 3,300 ETH long (~$9.4M) with an updated liquidation price now pushed down to $2,831.58. Unrealized PnL sits at –$409K, while his all-time PnL shows a staggering –$20.98M drawdown.
Market volatility isn’t slowing — and Machi’s position is now hanging just above liquidation levels.
#ETH #OnchainAlert #MachiWhale
Machi (@machibigbrother) just took another partial liquidation hit, with multiple forced closes shown on-chain — including 1,200 ETH and 1,600 ETH liquidated in rapid succession as ETH slid below $2,890. His realized losses stack sharply across ETH, BTC, and HYPE positions.
Despite the cascade, Machi is still holding a massive 3,300 ETH long (~$9.4M) with an updated liquidation price now pushed down to $2,831.58. Unrealized PnL sits at –$409K, while his all-time PnL shows a staggering –$20.98M drawdown.
Market volatility isn’t slowing — and Machi’s position is now hanging just above liquidation levels.
#ETH #OnchainAlert #MachiWhale
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