$ASTER Machi Closes ASTER Short With $79K Profit, Still Faces $8M+ Floating Losses
Machi (@machibigbrother) has just closed his $ASTER short position (3x leverage), booking a profit of $79,721. The move comes after a volatile week where ASTER price swings created opportunities for tactical shorts amid ongoing whale accumulation.
Despite this win, Machi’s overall portfolio remains heavily underwater. He continues to hold high-leverage long positions in $ETH (15x), $PUMP, and $HYPE at 5x leverage, which together are showing a combined floating loss exceeding $8M. Such exposure highlights the extreme risks of stacking multiple leveraged bets in a fast-moving market, especially when directional conviction collides with short-term volatility.
The contrast is stark: while his $ASTER short demonstrates precision timing and risk control, his broader leverage strategy leaves him significantly exposed to further market downturns. Market participants will be watching closely whether Machi doubles down on these positions, restructures his leverage, or cuts losses to preserve capital.
👉 For traders, the takeaway is clear: a single profitable short cannot offset the systemic risk of oversized, leveraged long exposure.
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