Machi Big Brother reduces HYPE long positions, perpetual futures exposure at $151 million
According to Onchain Lens, Machi Big Brother (@machibigbrother) is actively reducing his HYPE long positions. He currently holds 86,000 HYPE tokens worth approximately $6.84 million with 10x leverage. His total perpetual futures exposure stands at about $150.85 million, consisting entirely of long positions: 39,800 ETH (approx. $99.91 million), 569 BTC (approx. $44.1 million), and 86,000 HYPE. While he has an unrealized profit of $1.05 million, his historical cumulative losses in perpetual futures trading remain at $29.43 million.
Summaries are written by AI from the original article. Not investment advice.