Machi Big Brother closed his long position in HYPE, realizing a loss of $278,000.

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According to TechFlow TechFlow, on December 5th, on-chain analyst Ai Yi (@ai9684xtpa) monitored that "Machi Big Brother" closed out his 50,000 HYPE tokens 8 hours ago, incurring a loss of approximately $278,000. He currently holds a 25x long position in 11,700 ETH, with an average opening price of $3,050.81, resulting in a floating profit of approximately $1.361 million. His account, which grew from $500,000 to $3.34 million, has now shrunk to $2.65 million.

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