Machi expands leveraged longs to $131M on ETH and BTC
Machi's perp book now spans 32,600 ETH, 495 BTC and 55,500 HYPE. With liquidations clustered well below spot, the high-profile on-chain trader is publicly betting that the rally extends.
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Machi's perp book now spans 32,600 ETH, 495 BTC and 55,500 HYPE. With liquidations clustered well below spot, the high-profile on-chain trader is publicly betting that the rally extends.
Leverage makes the return a live risk marker, because the paper gain can change before 0x09CD exits the MARSCOIN position.
The partially filled TWAP leaves 300,162 SOL in the target, while 20x leverage makes the position highly sensitive to SOL's next move.
The trade reads more like a leveraged directional bet on $HYPE than a market call — two consecutive 10x longs, both held into strength, both still open on the second.
The same wallet that banked $311.6K on a 145-BTC short yesterday just rotated the entire book net long at max leverage — a $439K take-profit at $74.4K is now the line traders are watching.
A newly created wallet (0xb266) placed 10x leveraged long positions on 5,000 ZEC ($2.64M) and 25,000 HYPE ($1.1M)…
On-chain data shows wallet 0x049b entered 20x leveraged long positions worth a combined $90.5 million: 586.68 BTC…