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ETH drop hit very hard😳 #MachiBigBrother just took the full impact.
His massive 5,250 $ETH long (~$11M) got completely wiped out as the market dumped, pushing his total losses past $28.49M. What’s left in the account now... Barely around $210K… which is honestly brutal considering where things once were.
Right now, he’s still holding onto a 25x leveraged #ETH long, sitting at a position value of about $5.71M. Entry is around $2,096, with the current price near $2,116, putting him slightly in profit (~$54K, +23.9%). Liquidation is sitting close at $2,080, and margin allocated is around $228K -- so yup, still very tight and risky.
What’s interesting though… he hasn’t completely backed off. There are still 50 open orders, including plans to sell 1,550 ETH between $2,195 and $2,400. So even after that kind of hit, he’s still actively managing and positioning.
WE THOUGHT: a mix of recovery mode and stubborn conviction… but with leverage this high, there’s not much room for mistakes anymore.