Cryptocurrency trader Machi, known as @machibigbrother, has seen a dramatic decline in profits from his investments on the HyperLiquid platform. Just 13 days ago, Machi's profits stood at $44.84 million, but they have now dwindled to $6 million. Additionally, he is facing a floating loss of $13.9 million due to leveraged long positions in Ethereum (ETH) at 15x and XPL at 5x.
Machi's HyperLiquid Profits Plummet Amidst Heavy Losses
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