'Machi' Closes All BTC Long Positions, $2.46 Million Loss in the Past Day

BlockBeats News, August 23: According to monitoring by TradingBeats (formerly Hyperinsight), 'Machi' has closed all 1,225 BTC long positions, incurring a loss of $2.46 million in the past day, reducing the total position value to $85 million. Details are as follows: · ETH Long Positions: Holding 27,500 ETH, valued at approximately $65.428 million, with an average entry price of $2,354.97. Current unrealized profit is approximately $666,300. · HYPE Long Positions: Holding 250,000 HYPE, valued at approximately $19.595 million, with an average entry price of $79.4088. Current unrealized loss is approximately $257,000. Currently, the combined floating profit of these two positions is approximately $409,300. [Original Link]