Machi: Opens $12M Bitcoin Long on Hyperliquid

Machi Big Brother opened a 155 BTC (~$12.05M) long on the Hyperliquid perpetuals platform, adding to his existing 41.15K ETH (~$99.64M) long that sits down $1.41M for total open longs near $111.69M at address 0x020ca66c30bec2c4fe3861a94e4db4a498a35872.

Price action on the 4h chart shows BTC at $77850.25 inside the Bollinger Bands with upper resistance at $80060.87 and lower support at $76714.19 while the EMA50 at $77313.7 and EMA200 at $70893.77 frame the bullish structure; despite the MACD death cross at -53.06, neutral RSI at 45.72 suggests a healthy retracement toward the 50-EMA support before any continuation higher amid ongoing BTC price prediction scrutiny and Hyperliquid perpetuals platform overview volume spikes.