Machi trims ETH exposure to sidestep liquidation, keeps 5,000 ETH long
Machi (@machibigbrother), known for saying "I never lose. I always win or get liquidated," moved to reduce liquidation risk. Over the past four hours, he closed 2,700 ETH (worth $5.54M) to avoid being liquidated. He still holds a 5,000 ETH long position valued at $10.22M, with the liquidation price now set at $2,031.52.