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Machi Faces Partial Liquidation on ETH Long Position Amid Market Drop

Gate News bot message, trader Machi (@machibigbrother) experienced another partial liquidation on their 25x leveraged ETH long position during a sudden market decline.

According to Onchain Lens, Machi had previously deposited $275K USDC into HyperLiquid to establish the leveraged position. The trader’s position currently stands at 2,300 ETH, valued at $7.6M, with reported losses reaching -$15.16M.

ETH-4.57%
USDC0.03%
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GateUser-5d1731b2vip
· 2h ago
Jim
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