- Machi Big Brother exits $ETH and $HYPE longs with $33.83M profit.
- New open short positions placed on $ETH and $HYPE.
- Traders closely watching for market impact.
Crypto whale Machi Big Brother (@machibigbrother) has just made headlines again—this time for pocketing a whopping $33.83 million profit from his long positions in Ethereum ($ ETH ) and HYPE. The positions were highly leveraged, with a 25x long on ETH and a 5x long on HYPE.
His exit from these trades shows not only his skill in timing the market but also the immense risk and reward that come with leverage in crypto. With the market seeing recent volatility, Machi appears to have capitalized on the upward movement before a potential correction.
Flipping the Script: Shorting ETH and HYPE
After closing out his longs, Machi is now making a bold move—opening short positions on both ETH and HYPE. This suggests he’s either expecting a downturn or hedging against a larger portfolio.
While some traders follow Machi’s moves blindly, others remain cautious. His shift in strategy can affect market sentiment, especially among retail traders and whales who monitor his wallet activity.
What This Means for the Market
Machi’s trading decisions often spark waves in the crypto community. A $33.8M gain is no small feat and signals he was confident in his read of the market. Now, with shorts open on two trending assets, eyes are on whether the market will follow his lead or surprise him.
These high-profile moves remind crypto traders of the fast-paced and speculative nature of leveraged trading. Whether you’re a follower or a skeptic, one thing is clear—Machi Big Brother’s trades continue to influence the space.
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