Prominent trader Machi Big Brother has closed long positions in HYPE, BTC, and PUMP to cut losses during the ongoing market downturn. He has subsequently consolidated his capital into a single high-conviction bet on Ethereum.
His current position consists of 29,000 ETH valued at $73.64 million. The leveraged long carries a liquidation price of $2,486.33, marking a significant strategic shift as broader crypto assets face downward pressure.
Machi Big Brother Pivots to $73.64M ETH Long Amid Market Selloff
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