PANews reported on May 15th that, according to Onchain Lens, as the market continued to decline, Machi (@machibigbrother) has closed out most of his long positions in ETH and BTC, with the ETH position having a 25x leverage and the BTC position having a 40x leverage. Some of his positions were also liquidated during this period.

Currently, Machi has accumulated losses of nearly $32 million, but still holds some positions with a total value of approximately $10 million.