'Machi' 25x Ethereum Long Position with $2.66M Unrealized Loss, Liquidation Price at $3,043.72

BlockBeats reports on November 14, according to HyperInsight monitoring, the address of 'Machi' Huang Licheng holds a 25x Ethereum long position (7,525 ETH) with an unrealized loss of $2.66 million. The average entry price is $3,438.28, and the liquidation price is $3,043.72. Currently, the market price of ETH is less than $50 away from the liquidation price.