Machi Big Brother Wiped Out on Hyperliquid After $12M Run

Four ETH liquidations hit within about three minutes, and the last one, 800 ETH, went through at $2,331 per coin on Hypurrscan's log. Machi Big Brother’s Hyperliquid trading account fell to about $21,800 on October 15 after a series of liquidations wiped out most of a fortune that had climbed from roughly $56,000 to $12.25 million in four months. The collapse followed another round of Ethereum price declines, leaving the trader with a fraction of his previous balance after repeated attempts to cut losses and keep positions open. Machi’s $12.25M Trading Run Ends in Liquidation Blockchain tracker Lookonchain documented the account’s decline in two posts on October 15. In its first update, published just before the liquidation report, it noted that Machi was closing positions as the market fell in an effort to reduce losses and avoid forced closure. “His account is now down to just $129K,” the tracker wrote. That attempt did not prevent a further collapse. An hour later, Lookonchain reported that Machi had been “fully liquidated,” with his remaining account value falling to $21,800. Hypurrscan data for the wallet identified as Machi Big Brother’s showed four recent liquidation transac...