Machi Big Brother Adds 250,000 USDC to Hyperliquid for 25x Ethereum Long

According to Onchain Lens, Machi Big Brother deposited 250,000 USDC into Hyperliquid on May 16 to add to an existing 25x leveraged Ethereum long that had grown to roughly 114,000 to 114,160 ETH. Earlier reports said the position was opened in late April around $2,270 and later expanded to an average entry near $2,268, with its unrealized performance swinging from about $13 million in gains to roughly $10 million to $10.3 million in losses as ETH fell. In a later development cited by Lookonchain, a whale opened a separate 25x leveraged ETH short worth $50.55 million and a 20x leveraged BTC long worth $25.27 million, totaling 23,151 ETH and 323.72 BTC. Lookonchain said the liquidation prices for those positions were $2,288.33 for ETH and $70,325.36 for BTC.

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