Machi's $28.5M ETH long position is $15 away from liquidation price, with total losses reaching $33.6M since last year

According to monitoring by on-chain analyst Yujin, with ETH experiencing a slight pullback, the ETH long position of Machi (0x020...5872), worth $28.5 million, is once again nearing liquidation, standing just $15 away from the liquidation price of $1,860. Since last year, Machi has consistently employed an operational strategy of going long, rolling over positions after unrealized gains, and rarely taking the initiative to lock in profits, resulting in total losses of $33.6 million.