Hupzy (Spot On Chain)
Hupzy (Spot On Chain)|Oct 08, 2026 14:30
๐Ÿšจ Machi's Hyperliquid book collapsed from $๐Ÿญ๐Ÿฎ๐—  ๐˜๐—ผ $๐Ÿฎ๐—  in equity as BTC and ETH fell 5%+. Three longs stop-lossed, leaving a single ETH long at $๐Ÿฎ,๐Ÿฐ๐Ÿณ๐Ÿญ liquidation โ€” just $40 from current price. ๐—›๐˜‚๐—ฝ๐˜‡๐˜† ๐˜๐—ฎ๐—ธ๐—ฒ: Textbook forced deleveraging. Machi capitulated on HYPE, PUMP, and BTC longs, rotated into one last ETH long, and now sits $40 from liquidation. If ETH dips another ~1.6%, a ~$2M long gets forcibly closed, adding to sell pressure. The broader 5%+ drop is already squeezing leveraged longs across Hyperliquid. Position verifiable on Hypurrscan: https://hypurrscan.io/address/0x020ca66c30bec2c4fe3861a94e4db4a498a35872#perps source: EmberCN Track real-time signals & trade โ†’ https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2889
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