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StablecoinsTechFlowChinese, translatedFiled 39 h ago

Ember: Machi Big Brother closed his ETH long position and transferred out approximately 50,000 USDC

Original headline余烬:麻吉大哥平掉 ETH 多单并转出约 5 万枚 USDC

Open the sourceReported by TechFlow, techflowpost.com, 10 November 2026

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Machi Big Brother closed his ETH long position on Hyperliquid and moved roughly 50,340 USDC to the address he uses for Papertrade trading and liquidity mining, according to on-chain monitoring by Ember. The move came a day after his earlier position was liquidated and he reopened an ETH long worth about $1.48 million. Ember estimates his cumulative trading losses over roughly the past 18 months at about $37.46 million. The exit signals reduced directional exposure from a closely watched large trader and shifts capital toward yield-generating activity rather than leverage. Watchers will focus on whether he rebuilds an ETH long on Hyperliquid and how much capital he keeps deploying to Papertrade mining.

Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.

Named in this story

麻吉大哥 (Machi Big Brother), Hyperliquid (HYPE), ETH (ETH), USDC, Papertrade, 余烬 (Ember)

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