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Crypto DeFi

Machi Big Brother’s 540 ETH Long Liquidated on Hyperliquid, Account Zeroed

Machi Big Brother (Huang Lih-cheng) had his entire 540 ETH long position liquidated on Hyperliquid at 05:51 Beijing time on Nov. 9 as ether fell sharply, with the liquidation valued at about $1.18 million at an average price of roughly $2,192. The close resulted in a loss of about $60,000, and his Hyperliquid account value has now dropped to zero.

Original source

AI take

A full-account wipeout on a single long is a reminder of how unforgiving leveraged perps on Hyperliquid are, even for a well-known trader whose positions are publicly tracked. The size is modest in dollar terms, but the zeroed balance matters more than the loss itself: it shows how quickly a directional bet can consume all posted margin when the market moves against it. Whether this is an isolated casualty of one sharp ether move or a sign of broader stress among leveraged longs is the open question worth watching.

Generated by AI for reference only.

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