Machi loses $269,000 on ETH, then opens another long seven minutes later

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Machi’s tracked wallet on Hyperliquid saw 1,650 ETH force-liquidated on Oct. 15, recording approximately $269,225 in losses across 232 fills executed between 3:22 a.m. and 3:24 a.m. BST. Seven minutes after the last forced fill, the trader reopened a long position that had grown to 2,500 ETH by 1:16 p.m. BST at an average entry price of approximately $2,370.34. Prior to these forced liquidations, the wallet had already voluntarily closed another 4,000 ETH between Oct. 14 and the morning of Oct. 15, realizing approximately $302,312 in losses. ETH was trading at $2,362.88 at 1:14 p.m. BST, amid significant outflows from spot ETFs, which recorded net outflows of $261.4 million for Bitcoin and $129.5 million for Ether on Oct. 14.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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