麻吉大哥 Cuts Ether Position After $1.022 Million Loss

麻吉大哥 reduced an Ether (ETH) position twice on Oct. 13, realizing about $1.022 million in losses and leaving the account with $562,000. The two reductions produced losses of $1.01 million and $12,000, respectively. The account still held 7,150 ETH in a 25x leveraged long position valued at approximately $17.86 million. The position’s reported liquidation price was $2,472.78. The account had recorded a profit of $5.46 million on Oct. 5 before the subsequent losses. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.