'Machi' Reduces ETH and HYPE Positions and Closes BTC Long Positions in the Past Two Hours

BlockBeats News, September 10, according to TradingBeats monitoring, 'Machi Big Brother' Huang Licheng has concentrated on adjusting long positions over the past two hours. Between 19:41 and 21:13 (Beijing time), the address reduced approximately 9,575 ETH in batches, with a transaction value of about $23.23 million. Subsequently, between 21:36 and 21:41, it replenished approximately 2,000 ETH, valued at about $4.85 million, resulting in a net reduction of approximately 7,575 ETH in overall ETH long positions. Additionally, during the same period, the address reduced approximately 58,500 HYPE long positions, with a transaction value of about $4.8 million. Between 20:07 and 20:39, it sold off the remaining 68 BTC long positions in batches, valued at about $5.25 million, and currently holds no BTC positions. As of the time of reporting, the address still holds 33,000 ETH in 25x long positions, with a position value of approximately $80.33 million and a current unrealized loss of about $872,000. It also holds 86,000 HYPE in 10x long positions, with a position value of approximately $6.96 million and a current unrealized loss of about $425,100.