Markets· ★★· neutral·

Whale Machi Closes BTC, HYPE and PUMP Longs to Focus on $74M Ethereum Position

  • —Machi holds a 29,000 ETH long worth $73.64 million, per Lookonchain data from October 8
  • —Liquidation price for the position is $2,486.33 per ETH
  • —Longs in BTC, HYPE and PUMP were closed to limit losses; the total loss was not disclosed
  • —Leverage and margin for the position were not disclosed
Why it matters: A large ETH long with liquidation near $2,486 could amplify selling pressure if the price breaks that level.
#ETH#BTC#HYPE#PUMP
Source: Koin Bülteni
More on this
Markets · Sep 14
Trader 'Machi' closes HYPE long with total position of $150.85 million
 Markets · Sep 21
Machi Big Brother's BTC long hits $27M as total crypto position tops $124M with 110% ROI
 Markets · Sep 20
Machi's long position shrinks to $95.16 million as ETH, BTC cut and HYPE raised