Machi Big Brother: Closes Majority ETH Long Position
Machi Big Brother closes majority $ETH 25x long after partial liquidation, retains 2,900 ETH at 5x leverage with $35M unrealized loss and $79.87M total drawdown.
SourceAnalysis
Machi Big Brother closed the bulk of his 25x $ETH long during the latest market drop and suffered partial liquidation on Hyperliquid.
He now maintains a 2,900 $ETH position at 5x leverage, sits $35M underwater on the trade and has accumulated more than $79.87M in realized and unrealized losses over the past year. ETH price action at $1756.48 shows the market testing upper Bollinger resistance near $1839.24 while the EMA50 at $1734.33 offers the next concrete support layer; the MACD death cross at 14.61 combined with neutral RSI at 51.76 points to a probable retracement toward that 50-EMA before any sustained push back toward the EMA200 at $1894.24.
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