Lookonchain
Prominent Hyperliquid trader Machi (@machibigbrother) was liquidated again on Wednesday, ending a streak of more than two weeks without a forced close. On-chain data from HypurrScan shows his account equity is back down to roughly $85,000, with cumulative losses across the wallet now standing at $31.99 million.
The remaining position is a 1,275 ETH long worth about $2.77 million, with a liquidation price at $2,152.96 — within striking distance of current market levels and the kind of thin margin that has defined Machi's trading style for months.
Why it matters
Machi is one of the most-watched wallets on Hyperliquid: a high-profile test case for what happens when a leveraged directional bet goes persistently the wrong way. The wallet has become a running scoreboard for the platform's liquidation engine — every forced close draws fresh scrutiny to his remaining collateral and how much further the position can run before the next wipeout.
The pattern is now a familiar one: small periods of survival between forced closes, followed by another margin call once ETH drifts back toward the liquidation line. The $31.99M cumulative loss number is the headline — but the read is the $85K equity floor, which leaves almost no buffer if ETH dips another leg lower before the next partial top-up.
Market impact
For Hyperliquid, repeated liquidations of a single high-profile wallet concentrate liquidation-flow data points on-chain — useful for traders tracking where large forced selling might cluster if ETH breaks $2,150. For Machi personally, the trade is now a question of how much additional capital is willing to be deployed into a position that has already cost nearly $32M to defend.
Frequently asked questions
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Who is Machi (@machibigbrother)?
Machi is the X handle of a prominent Hyperliquid trader whose high-leverage directional positions and repeated forced liquidations have made his wallet one of the most-watched on the platform.
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How much has Machi lost in total?
Cumulative losses across his wallet now stand at $31.99 million, with current account equity down to roughly $85,000 after the most recent liquidation.
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What position is Machi still holding?
He is holding a 1,275 ETH long worth about $2.77 million, with a liquidation price at $2,152.96.
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How long did Machi go without a liquidation before this one?
More than two weeks — the streak ended on Wednesday with the latest forced close.
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Where can the position and liquidation price be tracked?
On-chain data on Machi's wallet and current liquidation levels is visible via HypurrScan, which tracks Hyperliquid positions in real time.
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