余烬|Oct 26, 2025 00:50
[After Machi's liquidation, small trades with $680K unrealized profit still face risk of loss]
Machi got liquidated on October 11 during the big drop, losing $12.56M in principal, and hasn't made any large trades since. For the past half month, he's been doing small trades with hundreds of thousands of $USDT, playing a 'small gamble for fun' strategy. When he loses, he just transfers another few hundred thousand $USDT to continue trading. But even so, he's been losing more than winning.
Since the October 11 liquidation, he's transferred a total of $1.85M $USDT into Hyperliquid, and now his wallet only has $1.13M $USDT left. This $1.13M includes the $680K unrealized profit from his current long positions in $ETH and $HYPE. This $680K unrealized profit is his biggest gain since the October 11 liquidation (assuming he can cash out).
Address: https://hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872
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