Not only is he heavily concentrated, but he also uses high leverage. With just a slight dip in the market, he has to cut losses or get liquidated—Machi Big Brother’s trading style is truly alarming.
Holding over $100 million worth of ETH long positions, Machi Big Brother closed part of his positions at a loss of $1.96 million
Machi Big Brother (@machibigbrother) (0x020...5872) currently holds more than $100 million in ETH long positions, the largest ETH long on-chain. After the market fell, Machi closed part of his position 7 hours ago, incurring a loss of $1.96 million. His current holdings include 41,000 ETH worth $100.01 million; 75,000 HYPE worth $6.03 million; and 45 Bitcoin worth $3.5 million. $ETH
Holding over $100 million worth of ETH long positions, Machi Big Brother closed part of his positions at a loss of $1.96 million
Machi Big Brother (@machibigbrother) (0x020...5872) currently holds more than $100 million in ETH long positions, the largest ETH long on-chain. After the market fell, Machi closed part of his position 7 hours ago, incurring a loss of $1.96 million. His current holdings include 41,000 ETH worth $100.01 million; 75,000 HYPE worth $6.03 million; and 45 Bitcoin worth $3.5 million. $ETH
