Machi Big Brother’s long positions are gone again.
According to BlockBeats, on October 18, monitoring by Lookonchain showed that the long positions held by Huang Licheng were fully liquidated again four hours ago. The 250,000 USDC he deposited just two days ago has now also been almost completely wiped out.
A year ago, he made $44.84 million on Hyperliquid. Now, he has not only given back all of those profits, but also lost an additional $36.85 million.
Observation 1: The fact that nearly all of the 250,000 USDC deposited two days ago has been wiped out shows how quickly and severely this round of liquidations hit. Observation 2: Going from a profit of $44.84 million to an additional loss of $36.85 million means the same account’s fortunes have completely reversed.
What do you think: Is this a position-management problem, or should leverage itself take the blame?
Image 1: “Machi’s” long positions fully liquidated again, cumulative losses reach $36.85 million · Partial screenshot of the source page
Image source: https://www.theblockbeats.info/flash/372389
According to BlockBeats, on October 18, monitoring by Lookonchain showed that the long positions held by Huang Licheng were fully liquidated again four hours ago. The 250,000 USDC he deposited just two days ago has now also been almost completely wiped out.
A year ago, he made $44.84 million on Hyperliquid. Now, he has not only given back all of those profits, but also lost an additional $36.85 million.
Observation 1: The fact that nearly all of the 250,000 USDC deposited two days ago has been wiped out shows how quickly and severely this round of liquidations hit. Observation 2: Going from a profit of $44.84 million to an additional loss of $36.85 million means the same account’s fortunes have completely reversed.
What do you think: Is this a position-management problem, or should leverage itself take the blame?
Image 1: “Machi’s” long positions fully liquidated again, cumulative losses reach $36.85 million · Partial screenshot of the source page
Image source: https://www.theblockbeats.info/flash/372389