Markets· ★★· bearish·

Machi Big Brother liquidated on ETH long, reopens $5.88M in leveraged longs

  • —ETH long on Hyperliquid was fully liquidated in the post-Binance-hack selloff
  • —Trader deposited 250,000 USDC and opened new longs worth $5.88 million
  • —New positions span ETH, HYPE and BTC; ETH liquidation price is $2,161
  • —Over 18 months on Hyperliquid: $15.86 billion volume and $37.05 million in losses
Why it matters: It highlights how high leverage on Hyperliquid amplifies losses during sharp market moves.
Source: PANews