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Monitored by Woofun AI, the 25x leveraged ETH long positions held by Machi Big Brother are undergoing liquidation amid broader market declines. This on-chain activity has resulted in a confirmed loss of $320,000 for the entity within the current trading session.
The specific long position currently holds 1,200 ETH, with a critical liquidation price set at $1,685. As ETH prices retreat, the high leverage amplifies the risk, forcing the closure of these holdings to mitigate further exposure.