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One platform for global traditional assets
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Hot
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According to BlockBeats, on April 30th, Machi X suffered a weekly loss of $3.94 million as a market downturn triggered partial liquidations of its Bitcoin and Ethereum holdings overnight. The total value of the fund's positions dropped to $29.06 million, with ETH liquidation price at $2,188 and BTC liquidation price at $72,143.1. Machi X urgently closed many long positions during the rapid decline but faced forced liquidations before recovering its positions a few hours later.