Mahdi Closes Most Ethereum Longs at 25x Leverage, Faces Near $33M Loss

ETH-4.33%
According to ChainCatcher, as market declines, Mahdi (Huang Li-cheng) closed most of his leveraged Ethereum long positions (25x), incurring partial liquidations in the process. He currently holds 1,700 ETH with only $23 between his position and the next liquidation. His total loss has approached $33 million, as monitored by Onchain Lens.
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