Machi closed most of its ETH long positions and was partially liquidated, resulting in a cumulative loss of over $79.87 million

Affected by the sudden market downturn, Machi was forced to close most of its 25 times leveraged ETH long positions and suffered partial liquidation. Machi currently holds 2900 long positions in 5-fold leveraged ETH, with a current loss of over $35 million and a cumulative loss of over $79.87 million. （Onchain Lens）