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🩸BEARISH

Machi Logs 2,100+ Liquidations on Papertrade, $2.22M Lost

The pseudonymous whale's tally on the Hyperliquid-linked perps venue is a public case study in what 1000x leverage costs through volatile markets.

Machi Logs 2,100+ Liquidations on Papertrade, $2.22M Lost
Machi Logs 2,100+ Liquidations on Papertrade, $2.22M Lost

Machi Big Brother, the pseudonymous trader known for high-leverage perpetuals, has been liquidated more than 2,100 times on Papertrade, and his cumulative losses on the platform now sit at $2.22 million.

Why it matters

Papertrade runs decentralized synthetic perpetual futures sourced from Hyperliquid, with leverage of up to 1000x. Machi's account dashboard is public, which makes the streak a rare, fully auditable record of what aggressive sizing costs through volatile conditions. Few traders leave a liquidation history this long on the record.

Market impact

No specific token price hangs on the tally, but it feeds the ongoing debate over high-leverage perp culture and whale behavior on-chain. The next signal to watch is simple: whether Machi keeps adding collateral and extends the streak, or steps back from the platform entirely.

Source: [Papertrade](https://exchange.papertrade.xyz/portfolio?view=0xad1215e79ed05c3e196a4e85066de41ec9004b41&tab=paperEmissions&sort=outcome&desc=false)

Frequently asked questions

  1. Who is Machi Big Brother?

    Machi Big Brother is a pseudonymous crypto trader well known in the market for taking large, high-leverage positions in perpetual futures.

  2. How much has Machi lost on Papertrade?

    His cumulative losses on Papertrade now total $2.22 million, accumulated across more than 2,100 liquidation events on the platform.

  3. What is Papertrade?

    Papertrade is a decentralized platform that offers synthetic perpetual futures sourced from Hyperliquid, with leverage of up to 1000x.

  4. How many times has Machi been liquidated?

    More than 2,100 times on Papertrade, according to the public portfolio dashboard for his account.

  5. Can Machi's losses be independently verified?

    Yes. His Papertrade portfolio is public and tied to his on-chain address, so the full liquidation and loss history can be audited by anyone.

Source attribution
Aggregated from Lookonchain · Verified · Last refreshed 1h ago
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