Machi Faces $27.9M Loss with New $HYPE and $ETH Positions

Cryptocurrency trader Machi, known by the handle @machibigbrother, has opened a new $HYPE long position with 10x leverage while maintaining a 25x leveraged long position in Ethereum ($ETH). Despite his bullish stance, Machi’s trading activities have resulted in significant financial losses, now exceeding $27.9 million.