TechFlow reports that on May 28, on-chain analyst Onchain Lens (@OnchainLens) observed that “Brother Machi” suffered a full liquidation of his 25x-leveraged long ETH position on HyperLiquid—resulting in a single-loss exceeding $1 million. His cumulative losses now exceed $33.5 million, and since September 2025, his total losses have surpassed $78.38 million. Despite this, Machi deposited another $250,000 in USDC to increase his leveraged ETH long position (25x) and opened a new 40x-leveraged long BTC position.
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