According to HyperInsight and Onchain Lens, Machi Big Brother’s Ethereum long was increased to $10.36 million, then partially liquidated, leaving about 2,200 ETH still near another forced closeout.
HyperInsight said Machi increased his Ethereum long position to $10.36 million as the market rebounded, with a stated liquidation price of $1,993.9 on May 31 while ETH traded less than 2% above that level. Onchain Lens later reported that Machi Big Brother’s 25x leveraged Ethereum long was partially liquidated during a broader market downturn. After the liquidation, about 2,200 ETH remained in the trade, which the report said was still extremely close to another forced liquidation, with only around $22 separating it from the next threshold. Together, the reports show a highly leveraged Ethereum position that remained vulnerable despite earlier market recovery.