Machi closed part of his ETH long position at a loss of $1.96 million as the market declined, but still holds more than $100 million in ETH exposure. The wallet remains one of the largest on-chain ETH bull positions, with 41,000 ETH valued at $100.01 million. Current disclosed positions also include 75,000 HYPE worth $6.03 million and 45 bitcoin:native valued at $3.5 million. The wallet address provided is 0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872.