# Machi’s $99.8 Million Ether Long Nears Liquidation at $2,501.38

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/27453
Published: 2026-10-07T13:57:45.000Z
Updated: 2026-10-07T13:57:45.000Z
Section: Investing

> The position covers roughly 39,000 ETH and was valued at $99.8 million as of Oct. 7.

Machi’s leveraged long position covering roughly 39,000 Ether (ETH) was nearing liquidation Wednesday, with the position valued at about $99.8 million and a liquidation price of $2,501.38 per ETH.

The position was valued at 9:54 a.m. ET (13:54 UTC) Oct. 7. A move to $2,501.38 would bring the position to its stated liquidation price.

The position highlights the liquidation risk attached to large leveraged trades in crypto derivatives.