Machi: Reopens 25x ETH Long After $32.4M Losses | Flash News Detail | Blockchain.News
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5/17/2026 11:50:00 PM

Machi: Reopens 25x ETH Long After $32.4M Losses

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.

Source

Analysis

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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