Markets· ★★· bearish·

Machi loses nearly everything on Papertrade, Hyperliquid account down to $4,517

  • —Machi's Hyperliquid balance fell to $4,517.7 after losses on Papertrade
  • —He sold a Mutant Ape NFT at a loss to fund further trading
  • —The data comes from on-chain tracker Lookonchain
Why it matters: The episode highlights the risks of high-leverage trading even for well-known traders and may dampen appetite for aggressive positioning.
Source: PANews
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