'Machi' abandons long positions on BTC and shifts to increasing ETH long positions, with Ethereum holdings showing an unrealized profit of $1.96 million

BlockBeats news, August 23, according to TradingBeats (formerly Hyperinsight) monitoring, 'Machi' brother Jeffrey Huang failed twice today in opening 40x long positions on Bitcoin. He recently closed the second $24.3 million long position, recording a minor loss of $165,000. Meanwhile, Machi increased his ETH long position to $75 million, with an entry price of $2,370, showing an unrealized profit of $1.96 million. Machi also holds a long position in HYPE, with a position value of approximately $19.85 million and an average entry price of $79.4; he holds a long position in PUMP, with a position value of approximately $4.87 million. [Original link]