Machi is actively closing HYPE long positions while maintaining total perpetual contract exposure of $150.85 million, all in long positions. Current positions include 39,800 ETH worth approximately $99.91 million, 569 BTC worth approximately $44.1 million, and 86,000 HYPE worth approximately $6.84 million with 10x leverage. Unrealized profit stands at about $1.05 million, while cumulative historical losses from perpetual contract trading remain at $29.43 million.