Machi took profit on ETH this round, looks like recovering losses, but the liquidation price is so close — that takes some nerve.

Biyjie.com News: Machi Huang Licheng took profit on his ETH long position, reducing his holdings by 1,300 ETH, approximately $2,853,650. His current position size is $16,123,000, with an average price of $1,730.59, a current price of $1,752.50, and a liquidation price of $1,742.64. The trader previously profited from blue-chip NFTs, but after becoming active this year, has seen massive drawdowns since October—his funds have shrunk from over $100 million to just hundreds of thousands of dollars.