Trader Machi Big Brother loses $5 million on 40x BTC long
- —$151 million in positions against a $6 million deposit on Hyperliquid
- —$44 million 40x BTC long closed after price drop
- —25x ETH long entered at $2,470 is down $983,000
- —Account balance fell from $7 million to less than $1 million in a week
Why it matters: The case highlights the risks of aggressive leverage on Hyperliquid and could add pressure on ETH at the $2,400 support.
Source: DailyCoin