Machi-Linked Address Cuts ETH Long Loss to $330,000, Opens $230,000 HYPE Position

An address linked to Machi Huang Licheng narrowed its unrealized loss on an Ethereum long position to $330,000 on Dec. 27, HyperInsight data show. The address holds a 25x leveraged long on 8,100 ETH with an entry price of $2,972.03 and liquidation at $2,874.14. The same address opened a 10x leveraged long on HYPE worth $230,000 on Dec. 27, currently showing a $1,000 unrealized loss.