In just ten days, Machi went from a whale to a little fish. The cost has been enormous!
Once a crypto whale, he’s now been backed into a corner by high leverage. Total losses have reached $36.5725 million, with another $4.4356 million lost over the past seven days. His account now has just $279,800 in total assets.
Current position details:
Coin: $ETH
Direction: Cross-margin long
Position size: 2,100 $ETH
Position value: $5.0744 million
Average entry price: $2,515.81
Leverage: 25x cross-margin; account shows 36.17x
Current unrealized loss: $208,900
Cumulative funding fees: $1.3627 million
Liquidation price: $2,397.51
Available margin: $0
The most dangerous part is that Machi is still holding a $5.07 million long position, while his account has less than $280,000 in assets and no available margin left.
In ten days, he went from a whale to a little fish. High leverage can amplify gains, but it can also destroy an account faster.
Don’t just follow whales into the market—position management is the true rule for survival in the futures market.
Once a crypto whale, he’s now been backed into a corner by high leverage. Total losses have reached $36.5725 million, with another $4.4356 million lost over the past seven days. His account now has just $279,800 in total assets.
Current position details:
Coin: $ETH
Direction: Cross-margin long
Position size: 2,100 $ETH
Position value: $5.0744 million
Average entry price: $2,515.81
Leverage: 25x cross-margin; account shows 36.17x
Current unrealized loss: $208,900
Cumulative funding fees: $1.3627 million
Liquidation price: $2,397.51
Available margin: $0
The most dangerous part is that Machi is still holding a $5.07 million long position, while his account has less than $280,000 in assets and no available margin left.
In ten days, he went from a whale to a little fish. High leverage can amplify gains, but it can also destroy an account faster.
Don’t just follow whales into the market—position management is the true rule for survival in the futures market.