"Machi" 14.7 million-sized ETH long position turns from profit to loss, current liquidation price at $2,024

BlockBeats news, on March 6, according to Coinbob Hot Address Monitoring, ETH saw a slight decline before the US stock market opened, and the 25x leveraged ETH long position held by "Machi" Huang Licheng has turned from profit to loss. The current position size is about $14.7 million, with an average price of $2,070. The unrealized loss is $160,000 (-27%), with a liquidation price of $2,024, about 1.3% away from liquidation.

This address previously set take-profit orders between $2,085 and $2,202, planning to partially close a $2.32 million position. The current account balance has retraced from $860,000 to $450,000.