Cryptocurrency trader Machi, known by the handle @machibigbrother, is incrementally increasing his Ethereum long position, leveraging 25x. The position is currently valued at $25 million, with a floating profit exceeding $1.59 million. Despite the gains, the position still requires an additional $19.8 million to reach the break-even point.
Machi Expands $25M Ethereum Long Position Amid Profit Gains
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