Gate News bot message, trader Machi (@machibigbrother) experienced a complete liquidation of his Ethereum (ETH) long position with 25x leverage during the recent market decline. Following the liquidation, Machi immediately opened another ETH long position, again using 25x leverage. According to available data, Machi’s total losses now stand at $21.36M.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum Spot ETFs See Net Outflows of $103.51 Million Yesterday
According to Trader T, Ethereum spot ETFs saw net outflows of $103.51 million yesterday (May 7). Fidelity's FETH led outflows with $62.26 million, followed by BlackRock's ETHA at $26.31 million and Grayscale's ETHE at $8.38 million. Smaller outflows were recorded from 21Shares' TETH ($2.86 million)
GateNews2m ago
Huang Licheng's ETH Long Positions Flip to Loss, Over $930K Underwater on May 8
According to HyperInsight monitoring, on May 8, Huang Licheng's address (known as "Maji") long positions in ETH turned from profit to loss with over $930,000 in unrealized losses as ETH fell below $2,300. The address holds 18,000 ETH (worth approximately $41.1 million) with $1.06 million in losses a
GateNews1h ago
Ethereum's uPEG Token Falls Below $8.2M, Down 31% in 24 Hours From $34M Peak
According to ChainCatcher, Ethereum ecosystem token uPEG's market cap briefly fell below $8 million and now trades at $8.2 million, down 31% in 24 hours as of May 8. The token has plunged over 75% from its $34 million peak. Trading volume reached $4.8 million in the past 24 hours.
GateNews1h ago
Gate Daily Report (May 8): Little Donald Trump denies rumors that WLFI is about to collapse; BitMine is evaluating slowing its purchases of ETH
Bitcoin (BTC) gave back its midweek gains, temporarily trading at around $79,731 on May 8. Donald Trump Jr. denied rumors that World Liberty Financial is about to collapse, saying the negative narrative is being manipulated by bot clusters. Tom Lee said BitMine is currently evaluating slowing its pace of Ethereum purchases and shifting to stock buybacks.
MarketWhisper1h ago
Vitalik Buterin’s transaction was sandwiched; after bots spent $1.14 million, they suffered losses
According to an analysis report by CoinDesk on May 8, Ethereum co-founder Vitalik Buterin’s XDB token exchange transaction on April 30 was sandwiched by the MEV bot jaredfromsubway.eth. The bot deployed $1.14 million worth of WETH token price for this, but after deducting Gas fees, it suffered a net loss.
MarketWhisper2h ago