Machi Big Brother Adds $86M Bitcoin and Ethereum Long

Notorious on-chain trader Machi Big Brother has opened a Bitcoin and Ethereum long worth $86 million, after losing $73.44 million over the prior six months. Arkham Intelligence data shows the position is split between $44.2 million in BTC and $41.8 million in ETH, making it roughly equal exposure to both majors. The trade is highly leveraged and relies on limited cross margin of about $2.78 million. Reported liquidation points are tight: ETH could liquidate near $2,206.50, while BTC’s liquidation is around $74,111—levels that imply the Bitcoin and Ethereum long can quickly turn from opportunity to forced risk. The timing coincides with bitcoin around the $79,000 area and market focus on key technical resistance near $80,000, flagged by K33 as a likely sell-zone for short-term holders. For Ethereum, the current price (~$2,328 at the time of reporting) was noted as matching the level from April 27, 2021, adding context for large-position watchers. For traders, this Bitcoin and Ethereum long is a high-signal, high-volatility setup: it may support dips if price moves favorably, but liquidation-driven swings are possible if BTC/ETH fall toward the thresholds.