After this round of long liquidations, bulls have been heading for the exits—but Machi Big Brother is still holding firm, with total exposure of $130 million, betting that ETH will lead a rebound after the shakeout.
The unrealized losses are plain to see. Even more painful are the funding fees—when the market goes sideways, they eat away at the position day after day.
His largest position is in the ETH he’s most bullish on: a 25x cross-margin long of 38,300 ETH, entered at $2,683, with unrealized losses nearing $2.9 million. The liquidation price on his BTC position is around $57,500, so there’s still some breathing room for now. His smaller HYPE position is in profit.
Now it’s all down to whether ETH comes through.
$BTC $ETH $HYPE
The unrealized losses are plain to see. Even more painful are the funding fees—when the market goes sideways, they eat away at the position day after day.
His largest position is in the ETH he’s most bullish on: a 25x cross-margin long of 38,300 ETH, entered at $2,683, with unrealized losses nearing $2.9 million. The liquidation price on his BTC position is around $57,500, so there’s still some breathing room for now. His smaller HYPE position is in profit.
Now it’s all down to whether ETH comes through.
$BTC $ETH $HYPE