coin-img-ETHETH-10.42%coin-img-BTCBTC-9.78%coin-img-SOLSOL-10.83%coin-img-XRPXRP-9.45%coin-img-UCNUCN+0.40%coin-img-USDCUSDC+0.04%coin-img-ASTERASTER-9.75%coin-img-ADAADA-13.27%coin-img-ETHETH-10.42%coin-img-BTCBTC-9.78%coin-img-SOLSOL-10.83%coin-img-XRPXRP-9.45%coin-img-UCNUCN+0.40%coin-img-USDCUSDC+0.04%coin-img-ASTERASTER-9.75%coin-img-ADAADA-13.27%coin-img-ETHETH-10.42%coin-img-BTCBTC-9.78%coin-img-SOLSOL-10.83%coin-img-XRPXRP-9.45%coin-img-UCNUCN+0.40%coin-img-USDCUSDC+0.04%coin-img-ASTERASTER-9.75%coin-img-ADAADA-13.27%coin-img-ETHETH-10.42%coin-img-BTCBTC-9.78%coin-img-SOLSOL-10.83%coin-img-XRPXRP-9.45%coin-img-UCNUCN+0.40%coin-img-USDCUSDC+0.04%coin-img-ASTERASTER-9.75%coin-img-ADAADA-13.27%

Trader "Machi" Loses $1.05 Million as 25x Leveraged ETH Long Fully Liquidated

A trader known as "Machi" lost $1.05 million after a 25x leveraged Ethereum long position was fully liquidated on Nov. 21, Onchain Lens data show. The liquidation occurred during a sharp market downturn despite an attempt to deleverage half an hour earlier. Total losses exceeded $20.23 million, with only $15,538 remaining in the wallet.
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