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Machi’s $ETH Long Drops $8.6M Amid Market Crash

Machi's ETH long suffers $8.6M loss as liquidation nears. Will he follow James Wynn’s $43M profit-to-loss story?

  • Machi’s ETH long is down over $8.6M
  • Liquidation price sits at $3,992 amid market dip
  • Community compares it to James Wynn’s huge reversal

Machi’s ETH Long Deep in the Red

The recent crypto market crash has left many leveraged traders reeling—and @machibigbrother is no exception. On-chain data reveals that Machi’s long position on Ethereum (ETH) is now down over $8.6 million, with a looming liquidation price of $3,992.

As ETH continues to dip in response to broader market volatility, traders are closely watching this high-profile position. Machi, a well-known NFT and crypto investor, is facing mounting pressure as unrealized losses pile up.

If prices slide further and hit the liquidation point, it could wipe out his position and further impact the market’s sentiment.

Another James Wynn Moment?

The crypto community is already drawing comparisons between Machi’s current situation and that of @JamesWynnReal, who famously went from +$43.64 million in profits to -$5.8 million due to poor timing and overleveraged trades.

While Machi hasn’t reached that level of reversal yet, the risk of cascading losses is real—especially in fast-moving markets like crypto where liquidations can happen in seconds. With market conditions still shaky, the clock is ticking for a recovery—or a complete wipeout.

Machi’s strategy has long been aggressive, and in bull markets, that’s paid off. But as conditions shift, even the biggest players can find themselves in deep water.

Leverage Cuts Both Ways

This situation underscores a hard truth in crypto: leverage can amplify gains, but it also magnifies losses. When major figures like Machi or James Wynn take hits, it often serves as a cautionary tale for everyday traders.

With ETH’s price hovering near dangerous levels, all eyes are now on whether Machi will hold, reduce his exposure, or be liquidated. One thing’s certain: in this market, even whales aren’t safe.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Isolde Verne

Isolde Verne is a passionate crypto writer, focusing on blockchain innovation, NFT ecosystems, and the societal impact of decentralized systems. Her engaging style bridges the gap between technology and everyday understanding.

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