Machi: Trimming HYPE Long to 86K Tokens
Machi trims $HYPE long to 86K tokens worth $6.84M while holding $150.85M in perps long ETH, BTC and HYPE with $1.05M unrealized gains.
SourceAnalysis
Machi continues reducing his $HYPE long and now holds 86K tokens valued at $6.84M with 10x leverage inside a $150.85M all-long perp book that also includes 39.8K $ETH and 569 $BTC.
Price action on the 4h chart shows HYPE at $79.86 sitting between the EMA50 resistance at $81.33 and EMA200 support at $75.0 while the MACD golden cross remains intact and RSI holds neutral at 48.43 inside the Bollinger bands; with price pressing the upper band at $81.62 a measured pullback toward the 50-EMA confluence zone near $81 appears the highest-probability next move before any continuation higher.
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