Machi Big Brother Opens 40x Leveraged Bitcoin Long After Closing HYPE Position
Hyperinsight states the trader’s high-leverage Bitcoin long was opened at $73,761 for 22 BTC and showed an unrealized gain of $1,977, or 4.87%, on March 16.
BTC
HYPE
Fact Check
The claim is supported by multiple crypto news outlets (Odaily, Gate.io) and aligns with real-time tracking data from Hyperbot for Machi Big Brother's known Hyperliquid address (0x020ca66c30bec2c4fe3861a94e4db4a498a35872). The specific parameters (22 BTC, 40x leverage, $73,761 entry) are consistently reported across these sources.
Summary
Machi Big Brother opened a 40x leveraged Bitcoin long position for 22 BTC at an entry price of $73,761, according to the new update from Hyperinsight. The position was valued at $1,622,478 on March 16 and was reported to be up $1,977, or 4.87%. This updates an earlier report that described the position as 23 BTC with an average entry price of $73,722.4 after his HYPE long was closed. Because the two reports differ on position size and entry price, both versions remain part of the record.
Terms & Concepts
- 40x leveraged Bitcoin long: A Bitcoin trade using 40 times leverage to bet on a price increase, magnifying both potential gains and liquidation risk.
- BTC: The ticker symbol for Bitcoin, the largest cryptocurrency by market capitalization.
- Average entry price: The price at which a position is opened or averaged in, used to measure unrealized profit or loss.