Machi holds a $100M ETH long position and incurs a $1.96M loss after partial liquidation.

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$79.210.32%
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Machi holds a $100M long position in ETH, and the recent price movement triggered a partial liquidation. On-chain data from Lookonchain shows he lost $1.96M after selling a portion of his position. His current holdings include 41,000 ETH valued at $100.01M, 75,000 HYPE worth $6.03M, and 45 BTC worth $3.5M. ETH analysis indicates that volatility remains elevated as major holders adjust their positions.

Huo Xing Cai Jing reports, according to Lookonchain monitoring, Machi (@machibigbrother) (0x020...5872) currently holds over $100 million in ETH long positions, making it the largest on-chain ETH bull. After the market decline, Machi closed part of its position 7 hours ago, incurring a loss of $1.96 million. Its current holdings include 41,000 ETH valued at $100.01 million, 75,000 HYPE valued at $6.03 million, and 45 BTC valued at $3.5 million.

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