Machi: Liquidated on 1,275 ETH at $2,152.96
Machi drops to $85K after $31.99M losses on 1,275 ETH position with liquidation at $2,152.96 as ETH tests lower Bollinger support at $2,172.
SourceAnalysis
Machi suffered another liquidation on his 1,275 ETH position worth $2.77M, returning his account to just $85K and lifting total losses to $31.99M.
ETH trades at $2175.33 inside the Bollinger Bands with lower support at $2172.47 while RSI(14) at 28.6 flashes oversold and MACD prints a bearish death cross beneath EMA50 resistance of $2275.7. Price sits only dollars above the $2,152.96 liquidation level, so any break of the lower band risks immediate acceleration lower before a relief bounce toward EMA200 at $2271.08 can develop. The move underscores ongoing pressure on leveraged ETH price prediction setups and raises questions around crypto trader performance during prolonged bearish phases.
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