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Machi Big Brother Records $5.4M Loss on ETH and BTC Long Positions Amid Market Downturn
Gate News bot message, crypto trader Machi Big Brother (@machibigbrother) experienced a $5.4 million loss on his leveraged long positions in ETH and BTC following the recent market downturn. Prior to the decline, the trader had established substantial positions, including 21,900 ETH with 25x leverage (valued at $100M) and 50 BTC with 40x leverage (valued at $5.9M), with accumulated profits exceeding $32M.