Machi closed out most of his long positions in ETH and BTC, incurring a cumulative loss of nearly $32 million.

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PANews
05-15
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PANews reported on May 15th that, according to Onchain Lens, as the market continued to decline, Machi (@machibigbrother) has closed out most of his long positions in ETH and BTC, with the ETH position having a 25x leverage and the BTC position having a 40x leverage. Some of his positions were also liquidated during this period.

Currently, Machi has accumulated losses of nearly $32 million, but still holds some positions with a total value of approximately $10 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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