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Machi doubles down on leveraged ETH longs as market bleeds out – TON BOT

Machi doubles down on leveraged ETH longs as market bleeds out

Despite incurring over $29.7 million in losses, a high-profile whale known as Machi has reloaded on a 25x leverage ETH position. This move comes as major cryptocurrencies are sliding, with funding turning negative. Machi’s decision to double down on his position in the face of market weakness is seen as a risky move.


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