Machi: $113M BTC ETH Longs After 200x Recovery

Machi Big Brother recovered from a near-total liquidation under $60K to post a nearly 200x gain and now carries $113M in BTC and ETH longs.

Current holdings stand at 23,350 ETH worth $59M and 668 BTC worth $54M on the perpetuals platform.

Price action on the 4h chart shows ETH at $2512.48 inside the Bollinger band with upper resistance at $2528.41 and lower support at $2379.78; the EMA50 at $2284.41 and EMA200 at $2027.6 continue to anchor the bullish structure while MACD registers a death cross at 64.25 and RSI sits at 69.8, pointing to a probable healthy retracement toward the 50-EMA before any continuation higher amid broader crypto market crash fears and shifting ETH price prediction models.