The cryptocurrency downturn continues, and "Machi" is once again forced to reduce holdings.
BlockBeats reported on June 5, according to Hyperinsight monitoring, the crypto downturn continued this evening, Bitcoin once again fell below $62,000, Ethereum dropped to $1,655, approaching the "Machi" long position liquidation line of $1,641.87, forcing another reduction in position.
As of the time of publication, the value of the long position was $2.15 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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