Crypto whale Machi liquidated again — account down to $85K after $31.99M in total losses

On-chain trader Machi (@machibigbrother) has been liquidated again, ending a streak of more than two weeks without a forced close. The event has pushed his account balance back down to just $85,000, with cumulative losses now standing at $31.99 million.

Machi currently holds a position of 1,275 ETH, valued at approximately $2.77 million, with a liquidation price sitting at $2,152.96. That level is uncomfortably close to current ETH prices, meaning the position remains at risk if selling pressure continues.

The on-chain data, surfaced via HypurrScan, underscores the brutal math of leveraged perpetuals trading — even a two-week reprieve can be erased in a single session when a position is sized against a volatile underlying asset.

Source: [HypurrScan Beta](https://hypurrscan.io/address/0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872#perps)