Prominent trader Machi Big Brother has closed approximately 2,700 $ETH, worth around $5.54 million, in recent hours to avoid liquidation. By reducing his position size, he increased the buffer between the market price and his liquidation level. This strategy is common among leveraged traders during periods of heightened volatility. It allows traders to stay in the market while lowering immediate risk exposure.
Machi(@machibigbrother) once said, "I never lose.