According to CoinMeta, as reported by OnchainLens, Machi is actively closing out its long positions in $HYPE. Currently, they hold 86,000 units of $HYPE (approximately $6.84 million), with a leverage of 10 times. Their current open position in perpetual contracts amounts to $150.85 million, all in long positions, which includes: 39,800 units of $ETH (about $99.91 million), 569 units of $BTC (about $44.1 million), and 86,000 units of $HYPE (about $6.84 million). As of now, they have not realized any profits, but have accumulated losses of $29.43 million on their perpetual contracts.