$HYPE Machi Big Brother "Bleeding" with Nearly $28 Million in Losses, Still Aggressively Adding to Long Positions
The crypto community is once again stunned by the sheer nerve of Machi Big Brother. Despite his account hemorrhaging massively, this whale continues his risky DCA strategy instead of cutting losses to preserve capital.
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🔸 Machi Big Brother is persistently increasing his Long positions. However, the market's violent swings are costing him dearly. The total floating loss for this wallet has now exceeded $27.8 million USD.
🔸 Details of the Long positions pushing Machi offshore reveal extremely high risk with substantial leverage:
Long $ETH : This is the largest position with 25x leverage, valued at $13 million USD at an average opening price of $2,004.87.
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Long $BTC : A strong bet with up to 40x leverage, valued at $1.7 million USD, entry price $68,625.
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Long HYPE: Using 10x leverage, a position valued at $1.3 million USD with an opening price of $31.
Long VVV: A smaller position valued at $40,000 USD 3x leverage at $4 USD.
With 25x-40x leverage amidst market volatility, Machi Big Brother is walking a tightrope. In your opinion, is this the composure of a "big player" seeing the bottom, or the stubbornness of a desperate gambler?
News is for reference, not investment advice. Please read carefully before making a decision.