Machi Big Brother Raises 25x Leveraged Ethereum Long to 7,171 ETH
According to HyperInsight, the position was valued at about $14.74 million on April 3 and showed an unrealized loss, with a liquidation level below the entry price.
ETH
Summary
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Terms & Concepts
leveraged long position: A trade that uses borrowed funds to increase exposure while betting an asset’s price will rise.
liquidation: The forced closure of a leveraged position when losses approach the collateral limit.
unrealized loss: A paper loss on an open position that has not yet been closed.