On-chain analyst Ai reports Machi’s $22.3M leveraged ETH long is approaching a take-profit threshold, reflecting active profit management in volatile crypto markets.
On January 4, on-chain analyst Ai disclosed that trader Machi holds a 7,100 ETH long position with 25x leverage, valued at $22.3 million, entered at $3,005.8 per ETH. The trade currently has $975,000 in unrealized profit. Machi has placed a take-profit sell order for 200 ETH at $3,188.8–$3,200, only $48 away from execution. This update follows previous reports of his heavily leveraged positions across multiple cryptocurrencies.