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Crypto DeFi

Machi Big Brother Liquidated on $1.16M ETH Long, Reopens $1.48M Position

Machi Big Brother’s $1.16 million ETH long was liquidated in this morning’s price drop, resulting in a $60,000 loss, on-chain analyst Ember monitoring shows. He then sold three BAYC NFTs for 17.2 ETH (about $36,800), withdrew 100 ETH (about $213,000) from Coinbase, and moved 53,000 USDC to Hyperliquid to open a new ETH long worth about $1.48 million.

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