Machi Trader Liquidated 8 Times in 6 Hours, Ending with $1.50
Prominent trader Machi suffered a series of liquidations, wiping out their account balance to nearly zero.
Prominent trader Machi suffered a series of liquidations, wiping out their account balance to nearly zero. JUST (JST) is trading at ₹13.24 ($0.1389), up 0.1% since this brief published. This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Fri, 30 Oct 2026 05:15:01 UTC.
This incident highlights the extreme volatility and risks in crypto trading, where significant positions can be liquidated rapidly during market downturns.
- Machi experienced eight liquidations in six hours
- Trader's account balance dropped to just $1.50
- Incident occurred during a period of market downturn
- Shows the high-risk nature of leveraged crypto trading
Prominent crypto trader Machi faced a series of devastating liquidations that wiped out their trading account. Over a six-hour period, Machi experienced eight separate liquidations, leaving their account balance at just $1.50.
The liquidations occurred against the backdrop of a broader market downturn, with
Bitcoin falling 2.25% in the past 24 hours and the total crypto market cap declining to $2.68 trillion. The Fear & Greed Index currently stands at 30, indicating a state of fear in the market.
While the specific assets involved in Machi's trades are not detailed, the incident underscores the risks associated with leveraged trading in volatile markets. The
JUST (JST) token, for example, is currently trading at $0.138743, down 1.30% in the past 24 hours.
This case serves as a cautionary tale for traders who employ high-risk strategies in the crypto market. The rapid succession of liquidations demonstrates how quickly significant losses can occur during periods of heightened market volatility.
Traders and investors should exercise caution and carefully consider their risk management strategies in light of this incident. The market's current downturn and fearful sentiment suggest that further volatility may be on the horizon.
Since this brief published about 2 hours ago, JUST (JST) has moved from ₹13.22$0.1387 to ₹13.24$0.1389 — +0.11%.
The chart plots JST's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 JST ≈ ₹14.43 (about $0.1389), down 1.4% over 24 hours. The rupee itself trades about 9.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Machi Trader Liquidated 8 Times in 6 Hours, Ending with $1.5 — questions & answers
What caused Machi's account to be liquidated?
Machi's account was liquidated eight times due to market volatility and potentially high-risk trading strategies during a market downturn.
How much money did Machi lose?
Machi's account balance dropped from an unspecified amount to just $1.50 after the liquidations.
What is the current state of the crypto market?
The crypto market is experiencing a downturn with Bitcoin down 2.25% and the Fear & Greed Index at 30 (Fear).
How much is 1 JUST worth in rupee today?
About ₹14.43 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.1389. The rupee price moves with both JST's US-dollar price and the USDT/INR rate; use our JUST in rupee page for any amount.
Has JUST's price moved since this brief was published?
JST is up 0.11% since this brief first published — trading at ₹13.24 ($0.1389) now versus ₹13.22 ($0.1387) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.