Machi Closes Part of Long Positions as ETH and BTC Liquidation Levels Near

On-chain analyst Ember reported that Machi has stopped out and closed part of his long positions because they were close to liquidation prices. According to Odaily, his ETH long was $50 away from liquidation, while his BTC long was $1,800 away. Machi had previously increased $150,000 to $11 million through rolling long positions, and his capital has recently fallen to $4.5 million.