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Flash
00:23
Machi closed most of his ETH long positions and was partially liquidated, with total losses exceeding 79.87 million USD.Due to the sudden market downturn, Machi was forced to close most of his 25x leveraged ETH long positions and experienced partial liquidation. Machi still holds 2,900 ETH long positions with 5x leverage, currently facing a loss of over $35 million on the position and cumulative losses exceeding $79.87 million. (Onchain Lens)
00:23
ETH Experiences Sharp Volatility Leading to Massive Liquidation, Whales' Position Trimmed to Long 2,900 ETHBlockBeats News, June 18th, according to Onchain Lens monitoring, during the sudden market downturn, trader "Brother Ma Ji" Huang Licheng was forced to close most of his 25x leveraged Ethereum long position and experienced partial liquidation in the process.
He still holds a long position of about 2,900 ETH with 5x leverage, with an overall unrealized loss of over $35 million, and the total accumulated loss exceeds $79.87 million.
00:22
CME Group plans to sue the US CFTC, questioning the legality of perpetual futures approvalAccording to ChainCatcher, CME Group's outgoing CEO, Terrence Duffy, stated that the company will sue the United States Commodity Futures Trading Commission (CFTC) on Thursday because the latter approved the prediction market platform Kalshi to launch perpetual Bitcoin futures products.
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