Brother Maji used 25x leverage to go long on ETH, was liquidated, and then opened a new long position. The current total loss exceeds $29 million.

ETH-8.81%

Odaily Planet Daily reported that, according to Onchain Lens monitoring, as the market retraced, Machi Big Brother’s 25x leveraged ETH long position was fully liquidated.

After being liquidated, he opened a new 25x leveraged ETH long position. Currently, Machi’s total losses have exceeded $29 million.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Whale "pension-usdt.eth" Faces $3.3M Loss on Bitcoin Long Position After Israel-Iran Conflict

Gate News bot message, following Israel's attack on Iran, the cryptocurrency market experienced a sharp decline. The whale address "pension-usdt.eth," who had opened a $BTC (3x) long position totaling 1,000 $BTC valued at $67.39M, is currently facing a floating loss exceeding $3.3M. According to O

GateNews17m ago

CEO of MrBeast's company supports Ethereum, calling it the "pillar" of stablecoins

Ethereum receives support from Beast Industries CEO Jeff Housenbold, who calls it a pillar of the stablecoin system. Decentralized finance will change traditional financial services. Beast Industries is expanding its financial products and may potentially launch crypto-financial related businesses. Analysts predict that entertainment brands entering DeFi applications will become a trend.

GateNews19m ago

ETH short-term increase of 1.10%: Whales adding positions and leveraged short liquidations trigger a structural rebound

On 2026-02-28 from 07:00 to 07:15 (UTC), ETH prices surged rapidly within 15 minutes, with a range volatility of 1.56%, hitting a low of 1835.12 USDT and a high of 1863.79 USDT, yielding a return of +1.10%. Market attention significantly increased, and short-term capital activity drove increased volatility. The main drivers of this anomaly are large whale accumulation and a significant concentration of on-chain holdings. On-chain data shows approximately 2.5 million ETH flowing into "in-only" whale addresses, greatly increasing the concentration of holdings. The capital side is showing strong...

GateNews26m ago

ETH drops below 1850 USDT

Gate News bot message, Gate market display, ETH drops below 1850 USDT, current price 1849.94 USDT.

CryptoRadar47m ago

Machi Suffers Another Liquidation as ETH Drops Following Israel-Iran Strike

Gate News bot message, Following Israel's strike on Iran, ETH experienced a sharp decline, resulting in another liquidation for Machi(@machibigbrother). His account balance has dropped to only $13,580. He had deposited $245K just 4 days ago. According to Lookonchain's earlier report on February 28,

GateNews48m ago
Comment
0/400
ABigHeartvip
· 6h ago
How does he always have money to open contracts? He keeps losing every time, and I'm really curious about where his cash flow comes from—traditional assets, financing, or what?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)