Machi Big Brother Cuts Ethereum and Bitcoin Longs as Leveraged ETH Position Falls Below $100 Million

Hyperbot data shows that Machi Big Brother’s 25x leveraged Ethereum long position has fallen below $100 million in value, likely amid volatility in the crypto market. According to ChainCatcher, he has also started reducing both Ethereum and Bitcoin long positions, with overall unrealized losses exceeding $1.1 million and a return on investment of -23.02%. His 25x leveraged Ethereum long holds 39,900 ETH, with a position value of $95.979 million and an unrealized loss of $1.07 million. His 40x leveraged Bitcoin long holds 515 BTC, with a position value of $39.793 million and an unrealized loss of $42,000.