Machi Big Brother closes $HYPE, $BTC and $PUMP longs, opens 29,000 $ETH long worth $73.64M on Hyperliquid, per Lookonchain
On-chain account Lookonchain reports that trader Machi Big Brother (@machibigbrother) closed his $HYPE, $BTC and $PUMP long positions to cut losses during a market decline and opened a new long of 29,000 ETH valued at $73.64 million on Hyperliquid. The reported ETH long carries a liquidation price of $2,486.33, and screenshots show 25x cross leverage with an entry price of $2,637.30, unrealized PnL of -$2,839,277.32, and a one-week combined PnL of -$5.68 million. BSCNews also reported that Machi exited his leveraged longs in BTC, HYPE and PUMP at a loss before loading his leverage into the Ethereum perpetual markets.

