Machi Big Brother holds more than $100 million in ETH longs

  • Machi Big Brother holds the largest on-chain ETH long position.
  • 41,000 ETH in the wallet is valued at $100.01 million.
  • Machi closed part of the position seven hours ago, losing $1.96 million.

Machi Big Brother (@machibigbrother), linked to wallet address 0x020...5872, holds more than $100 million in ETH long positions (bets that prices will rise), making it the largest on-chain ETH long. After the market declined, Machi closed part of the position seven hours earlier and realized a $1.96 million loss. The wallet currently contains 41,000 ETH worth $100.01 million, 75,000 HYPE worth $6.03 million and 45 Bitcoin worth $3.5 million, according to Lookonchain.

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