Bullish

Machi ETH Longs Near Liquidation with $36.64M Cumulative Losses

03:10

Machi faces imminent liquidation risk on Hyperliquid, holding $4.36M in ETH longs just 1.1% from margin call amid $36.64M total losses.

Woofun AI reports that wallet Machi (0x020...872) suffered two ETH position liquidations on Hyperliquid three hours ago, totaling approximately $2.44 million. The entity currently maintains 2,336 ETH long positions valued at roughly $4.36 million, sitting only 1.1% away from further liquidation thresholds. While no realized loss of $68,000 is recorded at present, Machi's cumulative losses have reached $36.64 million, including a $1.17 million decline over the past 30 days.

WOOFUN AI

Impact Assessment · Quick Read

The proximity to liquidation highlights significant leverage risk for this specific whale address on Hyperliquid. With cumulative losses nearing $37 million, any further downside in ETH could trigger forced selling, potentially exacerbating local volatility. Traders should monitor this wallet's status as a potential catalyst for short-term price pressure.
Generated by WOOFUN AI · For reference only, not investment advice

Comments

Me
Replying to @User
0/800

No comments yet.

Notifications

Sign in to view messages
View all messagesManage subscriptions