# Machi Cuts 4,700 Ether as Realized Losses Reach $570,000 By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/28135 Published: 2026-10-08T13:57:00.000Z Updated: 2026-10-08T13:57:00.000Z Section: Investing > The remaining 24,500-ETH long position showed a $3.06 million unrealized loss, with liquidation set at $2,473.56. Machi sold 4,700 Ether (ETH) at a realized loss of about $570,000 on Oct. 8, reducing its long position as the remaining holdings showed deeper losses. The position now contains 24,500 ETH and carries an unrealized loss of roughly $3.06 million. Its liquidation price was $2,473.56, with a $38.22 gap to the market price. The reduction followed Machi’s closure of long positions in HYPE, Bitcoin (BTC) and PUMP. Machi had previously held [29,000 ETH after closing those positions](), valued at about $73.64 million, with a liquidation price of $2,486.33. The decline erased nearly $4 million in earlier unrealized gains, leaving Machi down about $3 million. ## Links in this article - [29,000 ETH after closing those positions](https://www.tokenpost.com/news/investing/28100)