Machi got liquidated again. He sold 15 BAYC over 4 days for $223,000, put it all into leveraged positions on Hyperliquid, and then it was gone.
On-chain data shows his most recent trade was a 136 ETH long position at an average price of 2,209, which lost over $300,000. According to stats on X, his cumulative losses on Hyperliquid have reached $37.4 million. He’s also down another $909,000 on a different simulated trading platform. He still has over 100 BAYC and nearly 100 MAYC.
What’s interesting is that every time, he sells NFTs at a discount to chase an ETH rebound. Selling apes means swapping long-term holdings for short-term leverage; when the market goes the wrong way, he loses on both ends. Don’t follow his example: people stuck in losing positions love to say, “One more shot and I’ll make it all back.” On the flip side, his trades have become a contrarian signal. If you’re still copying his trades, ask yourself how much you’ve lost so far. #Hyperliquid
On-chain data shows his most recent trade was a 136 ETH long position at an average price of 2,209, which lost over $300,000. According to stats on X, his cumulative losses on Hyperliquid have reached $37.4 million. He’s also down another $909,000 on a different simulated trading platform. He still has over 100 BAYC and nearly 100 MAYC.
What’s interesting is that every time, he sells NFTs at a discount to chase an ETH rebound. Selling apes means swapping long-term holdings for short-term leverage; when the market goes the wrong way, he loses on both ends. Don’t follow his example: people stuck in losing positions love to say, “One more shot and I’ll make it all back.” On the flip side, his trades have become a contrarian signal. If you’re still copying his trades, ask yourself how much you’ve lost so far. #Hyperliquid