Maji suffers consecutive stop-outs from high-leverage long ETH positions, with account equity dropping from $12.3 million to approximately $1 million.
Source:
x.com
According to Ash monitoring, machibigbrother executed a high-leverage rolling long position on ETH in August, increasing their capital from approximately $150,000 to $12.3 million as ETH rose from roughly $1,900 to $2,500. Following the start of September, ETH consolidated in the $2,400–$2,600 range, causing their highly leveraged position to trigger frequent stop-losses and reducing remaining funds to approximately $1 million. If ETH continues to decline, the remaining position may face further liquidation risk.