💥 25x leverage has been liquidated again! Machi's loss exceeds 27.52 million USD

The market is falling.

But some are not losing money—they are being punished by the market.

📉 February 11

According to Onchain Lens monitoring

Huang Licheng Machi's ETH 25x leveraged long position

has again encountered partial liquidation.

💣 Cumulative loss:

Exceeding 27.52 million USD.

⚔️ What does 25x mean?

Let's do a simple calculation:

ETH only needs to fluctuate 4%

for the position to approach its limit.

A 10% reverse fluctuation

is basically “liquidation.”

This is not trading.

This is betting against volatility.

🧨 The truth is brutal

When the market falls:

Retail investors get swept away

Whales can also get swept away

No matter how big the name, it can't withstand the liquidation line

In front of leverage, there are no KOLs.

🩸 The key question arises

When major players start getting liquidated,

what does it indicate?

✔ Market liquidity is contracting

✔ Leverage structure is fracturing

✔ Bullish sentiment is collapsing

This is not a normal correction.

This is a “de-leveraging market.”

🧊 What's more dangerous is...

Partial liquidation ≠ end.

If prices continue to plunge:

📍 Chain liquidation

📍 Chain reaction

📍 Bullish panic escape

The market will destroy itself.

🔥 A reality check for contract players

If 25x can't hold,

how many times can you?

In a bull market, everyone thinks they are a genius.

In a volatile market, you realize who is swimming naked.

Don't forget:

Liquidation is never because it fell too much,

but because—

you opened too large. $BTC $ETH #美国零售数据逊预期 #全球科技股抛售冲击风险资产