"Machi" reduced positions by approximately $125 million today, having fully closed BTC and HYPE long positions.

BlockBeats news, September 15 — According to TradingBeats monitoring, the address of "Machi Big Brother" 0x020...5872 has continued to reduce its long positions today. Although it refilled positions multiple times during the period, based on cumulative closed position transaction volume, it has reduced positions by approximately $125 million.

Among these, the address cumulatively reduced approximately 697 BTC, with a transaction volume of approximately $53.41 million; cumulatively reduced approximately 26,315 ETH, with a transaction volume of approximately $64.64 million; and cumulatively reduced approximately 88,750 HYPE, with a transaction volume of approximately $7.03 million.

Position reductions were especially concentrated in the evening. The address gradually reduced its BTC long position from approximately 369 BTC to zero, and reduced its ETH long position from nearly 40,000 ETH to 20,000 ETH. As of press time, the address no longer holds BTC or HYPE positions, and only holds a 20,000 ETH 25x leveraged long position, valued at approximately $47.93 million, with a current unrealized loss of approximately $1.84 million.