Machi closes most of its ETH and BTC long positions

According to on chain monitoring, Machi has closed most of its ETH (25 times leverage) and BTC (40 times leverage) long positions and was forced to close them during the process, resulting in a cumulative loss of approximately $32 million. At present, we still hold some positions with a total value of approximately 10 million US dollars. （Onchain Lens）