🚨 $ETH Whale Update: $30.7M Lost — 25x Long Reopened
Machi Big Brother just got liquidated again on a leveraged $ETH long, pushing total losses past $30.7M.
And immediately? He’s back in — opening another 25x long.
What this tells us:
• Conviction remains extreme despite repeated liquidations
• At 25x, ~4% against the position = full wipeout
• High-leverage cycles like this increase liquidation-driven volatility
Key takeaway: Until these aggressive longs fully unwind, downside pressure from forced liquidations remains a real risk for $ETH.
Stay sharp.