Machi Big Brother's 25 fold ETH position was partially liquidated, resulting in a loss of $35 million
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Machi Big Brother's 25 fold ETH position was partially liquidated during the market downturn, resulting in a total loss of $35 million after closing most of its positions. （Onchain Lens）
[CPI approaching, ETH main layout exceeds $97 million]
ETH whales set up multimillion-dollar buy walls below current price, sparking interest in key zone activity.
According to OnchainLens monitoring, Giant Whale 0xebe had previously lost $3.4 million by long on BTC. Today, they opened another 5-fold leveraged multiple of 812.46 BTC worth $496 million, with a current floating loss of $260000.
Curve founder Michael Egorov responded to DeFi analyst Ignas by stating that the logic behind Bitcoin is to replace the US dollar as the world's reserve currency.
