Machi Big Brother Closes ASTER Short, But Faces $14M Losses
Machi Big Brother gains $80K from $ASTER short, but suffers over $14M in losses from long positions in $ETH, $PUMP, and $HYPE.
- Machi Big Brother closed his $ASTER short with an $80K profit.
- His long positions in $ETH, $PUMP, and $HYPE are down over $14M.
- The losses raise questions about high-risk crypto trading strategies.
Well-known crypto figure Machi Big Brother recently closed his $ASTER short position for a modest gain of around $80,000. Shorting a token means betting its price will fall—and that’s exactly what he capitalized on. While this win may seem like a smart move, it’s barely a drop in the bucket compared to his current trading situation.
Heavy Losses in Long Positions
Despite the profit on $ASTER, Machi Big Brother is deep in the red across several long positions, particularly in $ETH (Ethereum), $PUMP, and $HYPE. Reports indicate that his total unrealized losses from these trades have exceeded $14 million.
Longing a token means expecting its price to rise over time. Unfortunately, the market has moved against him. While $ETH remains one of the most trusted crypto assets, even it hasn’t escaped recent price fluctuations. As for $PUMP and $HYPE—both considered more speculative tokens—they’ve suffered steep downturns, contributing heavily to the losses.
What This Means for Crypto Traders
This case highlights the high-risk nature of crypto trading, especially when large positions are taken in volatile or low-liquidity tokens. Even experienced traders like Machi Big Brother aren’t immune to severe market swings.
While $80K in profit might seem like a win to many, it’s a harsh reminder that one successful short can’t always offset the weight of multiple unsuccessful longs—especially when they total over $14 million in losses.
Whether this is a temporary setback or a sign of deeper miscalculations, the situation underscores the importance of risk management, diversification, and the unpredictability of even the most hyped tokens.
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