Machi Liquidated Again: High-Leverage ETH Trade Exposes Market Volatility

Prominent crypto trader Machi (@machibigbrother) was recently liquidated on a 25x Ethereum position, resulting in a drastic account drop. This event underscores the inherent risks of high-leverage trading and highlights the speculative nature of individual cryptocurrency derivatives activities. Despite losses exceeding $19 million across multiple trades, Machi launched a new high-risk, $1.11 million leveraged ETH long, leaving him susceptible to further market fluctuations.