Machi's Long Position Hits $157 Million Amid Unprecedented Leverage
A prominent trader known as 'Machi' has seen their total long position swell to $157 million, resulting in an unrealized profit of $830 thousand. This surge is attributed to a combination of long positions across various assets.
Machi's most significant holdings include a long position on 39,150 ETH with 25x leverage, worth approximately $98.64 million. Additionally, they have a long position on 555 BTC with 40x leverage, valued at around $42.83 million. The trader also holds a substantial amount of HYPE, with a long position of 202,000 units under 10x leverage, totaling around $15.98 million.
The platform notes that these figures are based solely on Machi's reported positions and do not reflect the platform's views or opinions. The disclaimer serves as a reminder to readers that this information is intended for educational purposes only and should not be used as investment advice.