Machi, known by the handle @machibigbrother, has increased his Ethereum holdings despite significant financial setbacks. According to Lookonchain, Machi deposited an additional 284,000 USDC into Hyperliquid following a liquidation event, maintaining a long position on Ethereum. His current position stands at 2,300 ETH, valued at approximately $8.8 million, with a liquidation price set at $3,680.92. This move comes as Machi's account transitions from a cumulative profit of $448.4 million to a cumulative loss exceeding $137 million.
Machi Increases ETH Holdings Despite $137 Million Cumulative Loss
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