MACHI IS GETTING REALLY CLOSE TO THE LIQUIDATION ZONE🥶.
The market is sliding, and Machi’s massive $ETH long is starting to feel the pressure.
Just a few minutes ago, he trimmed part of both his ETH and BTC positions. But even after cutting some exposure, the wallet is still holding a huge bag. Right now, the position sits at around 37,300 ETH, worth roughly $95.57M, with liquidation near $2,511.
He’s also holding about 195 $BTC , currently valued around $16.11M.
So yup... he reduced some risk, but there’s still more than $111M in ETH + BTC longs sitting there. That ETH liquidation level is getting uncomfortably close.
Address: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872
The market is sliding, and Machi’s massive $ETH long is starting to feel the pressure.
Just a few minutes ago, he trimmed part of both his ETH and BTC positions. But even after cutting some exposure, the wallet is still holding a huge bag. Right now, the position sits at around 37,300 ETH, worth roughly $95.57M, with liquidation near $2,511.
He’s also holding about 195 $BTC , currently valued around $16.11M.
So yup... he reduced some risk, but there’s still more than $111M in ETH + BTC longs sitting there. That ETH liquidation level is getting uncomfortably close.
Address: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872