'Machi' Ethereum long position just about $20 away from liquidation, position drops to $54 million after forced liquidation

October 8th, according to TradingBeats monitoring, as Ethereum fell below $2,500, "Machi Big Brother" Huang Licheng's Ethereum long position worth approximately $92.88 million has been continuously liquidated, with the position reduced to $54 million. The remaining position has an opening price of $2,626.94, a liquidation price of $2,466.95, and ETH is currently trading at around $2,487, only about $20 away from forced liquidation.

The "Machi Big Brother" account's net asset value is currently $1.53 million, all used as margin for the ETH long position.