Trader 'Machi' liquidated again, losses reach $36.85 million
- —The liquidation occurred four hours before the report
- —The 250,000 USDC deposited two days earlier was almost entirely wiped out
- —A year ago the trader earned $44.84 million on Hyperliquid
- —Total losses beyond the erased profit reached $36.85 million
Why it matters: The case highlights the risks of leveraged perpetuals trading on Hyperliquid even for large, experienced traders.
Source: PANews