Crypto trader Machi, known as @machibigbrother, has closed his long positions in Ethereum (ETH) and HYPE, realizing a profit of $478,858 on ETH but incurring a loss of $276,756 on HYPE. Following these trades, Machi purchased an additional 29.44 ETH and withdrew funds from HyperLiquid.
Despite these activities, Machi's wallet balance stands at $1 million, reflecting an overall decrease of $12.08 million. This highlights the volatile nature of cryptocurrency trading and the significant financial swings experienced by traders in the market.
Machi Closes ETH and HYPE Positions, Reports Mixed Results
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