Machi's long ETH positions were liquidated in the early hours of the morning, resulting in a loss of $20.62 million since the crash on October 11th. | PANews

Machi's long ETH positions were liquidated in the early hours of the morning, resulting in a loss of $20.62 million since the crash on October 11th.

PANews reported on December 13th that, according to on-chain analyst Yu Jin, Maji (Huang Licheng)'s ETH long positions were liquidated during the overnight price drop. Since the crash on October 11th, he has lost $20.62 million in principal.

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After being liquidated, Brother Machi opened a new long position in Ethereum with 25x leverage, currently holding 1275 ETH.

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