The market is gambling: Machi's ETH position in June is subject to liquidation

HackerWhoCares · 2026-01-12T10:00:48+00:00

Machi's trading desk faces significant deleveraging of ETH holdings due to forced liquidations amid market volatility. Their proactive risk management demonstrates how volatility can trigger reactions in high-leverage trading environments.

HackerWhoCares

2026-01-12 10:00:48

Abstract generation in progress

Amidst volatile market movements, the Machi trading desk is experiencing significant deleveraging in their ETH holdings. According to real-time monitoring from the Onchain Lens platform, part of Machi’s 25x leveraged long exposure to ETH was forced into liquidation.

What happened to Machi’s ETH bet

The liquidation is not solely a result of market mechanics. Alongside the automated liquidation of their position, Machi decided to unwind additional ETH holdings proactively. This demonstrates a proactive risk management approach as the market continues to fluctuate in June.

Implications for traders

Such events are common in high-leverage trading environments. Machi’s case highlights how market volatility can trigger chain reactions in large positions, regardless of where they are based or operated within the blockchain ecosystem.

Data from Onchain Lens continues to provide transparency into these types of market activities, helping the community understand capital flows and risk management decisions of major players.

ETH-0,56%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.