Machi Big Brother Trims Ether Long to 14,500 ETH as Losses Reach $4.107 Million

Cryptocurrency trader Machi Big Brother has trimmed their Ethereum leveraged position down to 14,500 ETH, incurring cumulative trading losses of $4.107 million. The remaining stake carries an unrealized loss of $2.336 million with a liquidation price of $2,442.16, just $26.14 below spot. Earlier on October 8, the whale closed longs in Bitcoin, HYPE, and PUMP, concentrating into a 29,000 ETH position worth $73.64 million with a $2,486.33 liquidation threshold. Machi then cut 4,700 ETH at a $570,000 realized loss before shedding another 10,000 ETH as total realized losses reached $1.812 million.