According to on-chain monitoring by Ember, a slight market pullback over the past hour triggered stop-losses on a portion of Machi Big Brother's high-leverage positions. The loss is estimated at about $1.5 million. The investor quickly began adding positions back in stages. Ember said Machi Big Brother's high-leverage rolling-position strategy tends to suffer frequent stop-losses in a choppy market because liquidation levels sit close to the current trading price. Account funds have fallen from roughly $11 million a few days ago to around $6.5 million now. The drop followed repeated forced exits while the market traded in a narrow range. Despite the latest loss, Ember's monitoring still shows long positions worth about $100 million in ETH and roughly $10 million in BTC. His current exposure includes those ETH and BTC longs even after the account balance was reduced by several million dollars over a short period.
Over the past hour, a modest pullback in the crypto market triggered stop-losses on some of Machi Big Brother's high-leverage positions. The loss came to roughly $1.5 million, according to Ember's monitoring. He then started to rebuild positions in stages.
Ember noted that Machi Big Brother runs a high-leverage rolling-position strategy. In a choppy market, liquidation levels sit close to the current price, which makes frequent stop-losses more likely. Account funds have dropped from about $11 million a few days ago to around $6.5 million now.
On the long side, the trader still holds about $100 million in ETH and roughly $10 million in BTC, based on the same monitoring data.
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