Machi partially closes ETH long at a $1.96 million loss while still holding over $100 million

Machi partially closes ETH long at a $1.96 million loss while still holding over $100 million

N
News Editor
2026-08-29 02:21:16
Lookonchain said Machi Big Brother, identified as @machibigbrother and wallet 0x020...5872, still holds an ETH long position worth more than $100 million, making it the largest on-chain ETH long position tracked in this update. After the market fell, Machi closed part of the position around seven hours earlier and took a realized loss of $1.96 million. The remaining disclosed holdings include 41,000 ETH valued at $100.01 million, 75,000 HYPE worth $6.03 million, and 45 BTC worth $3.5 million. The update was cited by Odaily in a newsflash report.

Odaily reported, citing monitoring data from Lookonchain, that Machi Big Brother (@machibigbrother, 0x020...5872) is currently holding an ETH long position worth more than $100 million, described in the update as the largest on-chain ETH long.

After the market declined, Machi closed part of the position seven hours earlier, realizing a loss of $1.96 million.

Current holdings

  • 41,000 ETH valued at $100.01 million
  • 75,000 HYPE valued at $6.03 million
  • 45 BTC valued at $3.5 million
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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