Machi Is Cutting Exposure as $ETH Drops 👀.
The market pullback is starting to hurt Machi Big Brother’s leveraged positions. He’s reportedly down more than $5M over the past week and has been trimming his exposure along the way.
He’s now left with just a 19,000 ETH long, worth around $48.22M, with liquidation sitting at $2,380.22.
Still a massive position, but definitely a much more cautious setup than before. Now the big question is whether #ETH holds above that liquidation zone.
Address: 0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872
The market pullback is starting to hurt Machi Big Brother’s leveraged positions. He’s reportedly down more than $5M over the past week and has been trimming his exposure along the way.
He’s now left with just a 19,000 ETH long, worth around $48.22M, with liquidation sitting at $2,380.22.
Still a massive position, but definitely a much more cautious setup than before. Now the big question is whether #ETH holds above that liquidation zone.
Address: 0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872
