Machi Big Brother holds 1,700 ETH as total loss exceeds $28.8M

In the wake of a sharp crash in the crypto markets, Machi (@machibigbrother) experienced another partial liquidation while continuing to increase his long position in Ethereum, now holding 1,700 ETH valued at approximately $3.21 million. Despite facing total losses exceeding $28.8 million, his ongoing investment reflects a high-conviction bullish stance amidst the broader trend of widespread liquidations of leveraged positions throughout the market.

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