Maki Maintains $47.98M ETH Long Position Despite $5M Weekly Loss

Maki has recorded over $5 million (approximately 67 billion won) in losses in the past week but continues to hold a long position of approximately $47.98 million (about 646 billion won) in Ethereum, according to PANews citing on-chain analytics firm Lookonchain. The report noted that Maki reduced positions and exited due to market downturns. The remaining position consists of around 20,000 ETH, with a liquidation price of $2380.57.