Machi Partially Liquidated Again as Account Falls to $92K

Machi Big Brother’s Hyperliquid account drops to $92K after $3.19M USDC loss, with total losses now exceeding $27.5M.

Crypto investor Machi Big Brother has faced another setback after a partial liquidation reduced his trading account to $92,000.

On-chain data shared by Lookonchain shows fresh losses on the decentralized derivatives platform Hyperliquid. The development adds to a series of recent drawdowns tied to leveraged positions.

Machi Partially Liquidated Again as Account Falls to $92K

Lookonchain reported that Machi Big Brother’s account on Hyperliquid was partially liquidated again.

The update showed his remaining balance dropped to about $92,000. The data was published on social media and tracked through blockchain records.

Over the past 20 days, he deposited about $3.19 million in USDC into the platform.

According to Lookonchain, the entire amount has now been lost. The losses occurred during periods of price volatility in the crypto market.

The report stated that his total losses now exceed $27.5 million over the same period. The figures are based on wallet tracking and platform data.

Hyperliquid is a decentralized exchange that offers leveraged trading products.

Recent Deposits and Trading Activity on Hyperliquid

Blockchain data shows repeated USDC transfers into Hyperliquid-linked wallets. These deposits were made within a 20-day window.

The funds were used to open or maintain leveraged positions. Decentralized derivatives platforms allow traders to use leverage for larger exposure.

However, leveraged trading carries liquidation risk during sharp price moves. When collateral falls below required levels, positions can be closed automatically.

Lookonchain did not provide details on the exact trades placed. The firm cited public blockchain records as the source. The reported losses reflect realized and unrealized changes during the trading period.

Related Reading: $71M Gone in 4 Months: Machi Big Brother Faces Another Liquidation

Remaining ETH Position and Liquidation Risk

Despite the recent liquidations, Machi still holds 1,689.6 ETH. The position is valued at about $3.28 million at current market prices. This data was also shared by Lookonchain.

The reported liquidation price for the ETH position stands at $1,929.08 per token. If ETH falls to that level, the remaining position may be liquidated.

Market prices can move quickly during periods of volatility. Ethereum has experienced price swings in recent weeks.

Traders using leverage face higher exposure during such moves. The remaining position continues to carry liquidation risk under current conditions.

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