Machi: Reopens 25x ETH Long After $32.4M Losses
Machi reopens 25x ETH long after full liquidation, pushing total losses past $32.4M as ETH trades at $2115 amid bearish 4h structure.
SourceAnalysis
Machi suffered another full liquidation on his $ETH 25x long during the latest market dump, then immediately reopened a fresh 25x long position with cumulative losses now exceeding $32.4M.
Price action on the 4h chart shows ETH testing lower Bollinger support at $2115.97 while RSI at 22.95 flashes oversold, yet the MACD death cross at -33.06 and price sitting below both EMA50 at $2243.92 and EMA200 at $2265.45 point to sustained downside pressure before any relief rally materializes.
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