Machi just got rekt for $8.44M in ONE WEEK 💀
Account value crashed back under $1M. Still holding a 9,950 $ETH long ($24.68M notional) with liquidation at $2,431.59.
That's a ticking time bomb if $ETH keeps bleeding. One more leg down and it's lights out.
This is what overleveraged conviction looks like when the market doesn't care about your thesis.
Account value crashed back under $1M. Still holding a 9,950 $ETH long ($24.68M notional) with liquidation at $2,431.59.
That's a ticking time bomb if $ETH keeps bleeding. One more leg down and it's lights out.
This is what overleveraged conviction looks like when the market doesn't care about your thesis.