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Machi Big Brother Holds 29,000 ETH After Closing HYPE, BTC and PUMP Longs

The remaining Ether position is valued at about $73.64 million, with a liquidation price of $2,486.33.

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Metallic coins rest beside a brass balance scale / TokenPost.ai
Metallic coins rest beside a brass balance scale / TokenPost.ai

Machi Big Brother has closed long positions in HYPE, Bitcoin (BTC) and PUMP as the crypto market declined, leaving a 29,000-Ether (ETH) long position as its remaining major trade.

The Ether position is valued at about $73.64 million. Its liquidation price is $2,486.33, the level at which the position would be forcibly closed if losses deepen.

The move shifts the whale’s exposure away from HYPE, BTC and PUMP while maintaining a concentrated bullish position in ETH. Ethereum is the blockchain network that supports Ether, its native asset.

The position and liquidation level reflect the latest reported holdings for Machi Big Brother on Thursday.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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