If ETH falls another 2.3%, it will trigger the liquidation of nearly $100 million in long positions for 'Machi'.

BlockBeats news, October 8th, according to TradingBeats monitoring, "Machi" Huang Licheng (0x020c) currently holds approximately 36,200 ETH long positions with 25x cross margin leverage, valued at about $92.88 million, with an average price of $2,646.1, and an unrealized loss of about $2.828 million.

ETH is temporarily reported at around $2,568, and Machi's liquidation price is $2,508.2, a difference of about $59.7. If ETH falls another approximately 2.3%, it will trigger his estimated liquidation line.

Other longs are also facing near-term risks. A 20x cross margin long holds about $2.362 million in ETH positions, with an average price of $2,774.1, and a liquidation price of $2,541.5, about 1.0% from the current price (0xf25a).

Two other 25x cross margin longs hold positions of about $9.581 million and $2.096 million respectively, with average prices of $2,575.7 and $2,575.1, and have set full-position stop losses at $2,523 (0x634f, 0xa516).

The two stop losses together cover about 4,547.2 ETH, approximately $11.473 million at the trigger price, with the stop-loss price about 1.8% lower than the current price.