Trader 'Machi' Closes HYPE Long at Loss, Expands 25x Leveraged ETH Position
Prominent cryptocurrency trader 'Machi' (麻吉) recently closed a 10,000 HYPE long position at a reported loss, approximately 15 minutes ago, after holding the asset for roughly seven hours as the token experienced significant weakening. This move, observed via HyperInsight data, signals a strategic shift. Concurrently, 'Machi' has substantially expanded a 25x leveraged Ethereum (ETH) long position, increasing it to 5,000 ETH. As of the latest market update, the liquidation price for this significant ETH position stands at $2,007, indicating a high-risk, high-reward trading maneuver by the influential trader.