'Machi' reduced positions in ETH and HYPE over the past two hours and closed out BTC long positions.

BlockBeats news, September 10th, according to TradingBeats monitoring, "Machi Big Brother" Huang Licheng concentrated on adjusting long positions in the past two hours. The address reduced about 9,575 ETH in batches from 19:41 to 21:13 (Beijing time), with a transaction value of about $23.23 million; then bought back about 2,000 ETH from 21:36 to 21:41, worth about $4.85 million, with the overall net reduction of ETH long positions at about 7,575 coins.

In addition, the address reduced about 58,500 HYPE long positions during the same period, with a transaction value of about $4.8 million; and sold the remaining 68 BTC long positions in batches from 20:07 to 20:39, worth about $5.25 million, and currently has no BTC holdings.

As of press time, the address still holds a 25x long position of 33,000 ETH, with a position value of about $80.33 million, and a current unrealized loss of about $872,000; it also holds a 10x long position of 86,000 HYPE, with a position value of about $6.96 million, and a current unrealized loss of about $425,100.