In the fast-paced world of crypto trading, big players like Machi Big Brother often make moves that send ripples through the market. A recent tweet from Onchain Lens spotlighted one such action: Machi has opened a short position on $ASTER with 3x leverage. At the same time, he's juggling long positions in $ETH at a whopping 15x leverage, plus $PUMP and $HYPE both at 5x, all while staring down a floating loss of around $4 million.

For those new to the scene, Machi Big Brother—real name Jeffrey Huang—is no stranger to high-stakes crypto plays. He's a DeFi pioneer who founded Cream Finance, an NFT whale with a massive Bored Ape Yacht Club collection, and a trader known for bold, sometimes controversial moves. His wallet, tracked via tools like Hyperdash, shows he's not afraid to leverage up and ride the volatility.

ポジションの内訳

Let's unpack what's going on here. Data from Hyperliquid, a popular decentralized perpetuals exchange, reveals Machi's current setup:

• ASTER Short (3x Leverage): He's shorting 80,000 ASTER tokens with a position value of about $84,000. The entry price was $1.0554, and it's showing a tiny unrealized loss so far. Shorting means he's betting the price will drop—essentially borrowing tokens to sell now and buy back cheaper later.

• ETH Long (15x Leverage): A massive $109 million position in Ethereum, holding over 24,000 ETH. It's down about $1 million unrealized, with a 14.5% ROE loss. Ethereum is the backbone of many DeFi and NFT projects, but recent market dips have hit hard.

• PUMP Long (5x Leverage): Valued at around $26 million with billions of tokens. This one's hurting with a $3.4 million unrealized loss, or -64% ROE. $PUMP is tied to pump.fun, a Solana-based platform that's become a hotspot for launching memecoins quickly and cheaply.

• HYPE Long (5x Leverage): About $20 million in Hyperliquid's native token, showing a positive $300,000 unrealized gain. HYPE powers the Hyperliquid network, rewarding users for governance and securing the chain.

Overall, his account on Hyperliquid sits at a total value of $38 million, with a 25% win rate across positions and a long bias. The 24-hour PNL? A tough -$3.3 million. But in crypto, fortunes can flip fast.

ASTERとは何か、なぜショートするのか？

ASTER is the shiny new token behind Aster DEX, a next-generation decentralized exchange blending spot and perpetual trading. It's designed for multi-chain efficiency, self-custody like DeFi, but with the speed of centralized exchanges. Launched recently, it's gained buzz— even Binance founder CZ gave it a shoutout, praising its potential as a one-stop trading hub.

Interestingly, this short comes amid rivalry vibes. Hyperliquid, where Machi holds his HYPE long, is a direct competitor in the perp DEX space. HYPE just hit an all-time high around $60, surging 8% daily, while ASTER skyrocketed 350% on its debut. Is Machi hedging against ASTER's hype or signaling deeper doubts? Traders are watching closely, as his moves often influence meme token sentiment.

ミームトークンとの関わり

At Meme Insider, we're all about the meme economy, and this fits right in. $PUMP's connection to pump.fun makes it a meme launchpad darling—think instant tradable coins with viral potential. HYPE, while more utility-focused, fuels a platform that's meme-friendly for perps. And ASTER? As a fresh DEX token, it could become a meme magnet if adoption spikes. Machi's positions highlight how big whales navigate the intersection of memes, DeFi, and high-leverage trading.

If you're a blockchain practitioner dipping into memes, keep an eye on these. Tools like Onchain Lens and Hyperdash make it easier to track whales like Machi, potentially spotting the next big pump (or dump).

What do you think— is this a smart hedge or a risky bet? Share your takes in the comments, and stay tuned to Meme Insider for more on-chain insights.