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Machi X Loses $3.94M in Weekly Liquidation as BTC, ETH Positions Hit Overnight

GateNews
bitcoin newsethereum newsDerivatives Data
BTC-0.41%
ETH-0.29%
According to BlockBeats, on April 30, Machi X suffered $3.94 million in weekly losses as market pullback triggered partial liquidations of its Bitcoin and Ethereum holdings overnight. The fund's total position value fell to $29.06 million, with ETH liquidation price at $2,188 and BTC liquidation price at $72,143.1. Machi X emergency closed multiple long positions during the rapid decline but faced forced liquidations before restoring positions hours later.
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