'Machi' account net asset value drops to just $640,000, with a loss of $7.45 million over the past 7 days.

BlockBeats news, October 8th, according to TradingBeats monitoring, as Ethereum continues to decline, "Machi Big Brother" Huang Licheng's Ethereum long position worth approximately $92.88 million has been continuously liquidated, with the position reduced to only $20 million. The remaining position has an entry price of $2,626.94, a liquidation price of $2,404.85, and ETH is currently trading at around $2,432.

The "Machi Big Brother" account's net asset value is currently $640,000, all used as margin for the ETH long position, with a loss of $7.45 million in the past 7 days.