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TechFlow reports, on October 22, according to on-chain analyst Onchain Lens (@OnchainLens), to avoid liquidation, Machi Big Brother Huang Li Cheng deposited 200,000 USDC into HyperLiquid and increased his ETH position (25x leverage) to 2,500 ETH. He also closed his long position in HYPE (10x leverage), incurring a loss of $123,000. Overall, he has currently lost approximately $13.5 million.
According to on-chain analyst Onchain Lens (@OnchainLens), to avoid liquidation, Machi Big Brother Huang Li-Cheng deposited 200,000 USDC into HyperLiquid and increased his ETH position (25x leverage) to 2,500 ETH. He also closed his long position in HYPE (10x leverage), incurring a loss of $123,000. Overall, he has currently lost approximately $13.5 million.
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