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Machi Big Brother's Bitcoin Long Liquidated as Trader Reduces 1,700 Ether Position

Cryptocurrency trader Machi Big Brother saw his Bitcoin long position fully liquidated with roughly $12,000 in losses, while his 25x leveraged long of 1,700 Ether remained open with about $23,000 in unrealized losses as it was being reduced. Earlier in the day, the trader deposited 250,000 USDC on Hyperliquid to open $5.88 million in leveraged longs across ETH, BTC, and HYPE after a previous Ether liquidation. The Ether long carried a liquidation price of $2,161. An additional 11,000 HYPE long at 10x leverage recorded $2,800 in unrealized losses.

Category

Ethereum

Sentiment

Bullish

Event

Analyst flows

Reading time

1 min