Machi Big Brother holds $151.17 million in leveraged long positions on Hyperliquid. In fact, his account value is only $6.15 million. Notably, every position points in the same direction.
Machi Big Brother stacks $151 million across three longs
Arkham data shows no offsetting short exposure. Consequently, the trader carries one-sided risk. Meanwhile, two of his three assets have fallen over the past week.
The largest leg is Ethereum. Specifically, Machi holds 39,800 ETH at 25x leverage. As a result, that position is worth $100 million. His entry sits near $2,480.
Also, Bitcoin follows at $44.14 million. In addition, that covers 569 BTC at 40x leverage. Moreover, this is the highest leverage anywhere in the book. The third leg is Hyperliquid’s HYPE token. For example, he holds 88,000 tokens at 10x leverage. That position is worth $7.03 million.
Entries sit near current marks
Notably, all three entries sit within roughly 1% of current marks. Therefore, small price moves can shift the account quickly. Unrealized profit across the account totals $1.2 million. In fact, the ETH leg supplies $1.21 million of that figure.
Bitcoin contributes just $35,630 on a $44.14 million position. In contrast, HYPE sits $49,650 in the red. Meanwhile, spot holdings on tracked addresses come to $0.55. The rest of the account value sits in perpetual futures.
Risk remains concentrated
Thus, the book relies on continued upside. A modest drop could pressure the account. At 40x leverage, Bitcoin offers the least room for error. Similarly, Ethereum’s 25x position is also sensitive. HYPE’s 10x leverage is lower, but its loss adds strain.
Overall, Machi’s position is a concentrated long bet. It has no hedge. For now, the market will decide whether that bet pays.
