'Machi' Ethereum long position now shows a floating loss of 70%, with only $28,000 remaining in the address.

BlockBeats news, October 24, according to TradingBeats monitoring, the Ethereum long position held in the address of "Machi Big Brother" Huang Lih-cheng is now showing an unrealized loss of $21,000, with an unrealized loss rate of 70%. He went 25x long on 315 ETH, with an opening price of $2,447.57 and a liquidation price of $2,336.9.

Only $28,000 remains in the address, with a loss of $360,000 over the past 7 days, and the total loss has risen to $35.35 million.

BlockBeats reported yesterday that the "Machi" address sold 2 Mutant Apes NFTs at a unit price of 1 ETH to obtain liquidity. He originally paid 6.13 ETH and 7.5 ETH for them, resulting in a total loss of 11.28 ETH (-85%).