Machi account rebounds as 10x ETH position reaches $1.524 million profit

  • Machi’s account recovered from $800,000 to $10 million after an overnight market surge, alongside a monitored trader’s new leveraged ETH position.
  • The monitored address opened 41,228.48 ETH at an average price of $2,693.92 with 10x leverage; its unrealized profit reached $1.524 million after 11 hours.
  • Earlier snapshots showed about $126 million in BTC, ETH and HYPE longs, while the address’s prior BTC and ETH trades produced $3.283 million in combined gains.

Machi, also known as Huang Licheng, saw his account recover from $800,000 to $10 million after an overnight market surge, while a monitored address opened a 41,228.48 ETH long on Hyperliquid using 10x leverage. After 11 hours, the ETH position had $1.524 million in unrealized profit and ranked fourth-largest on the platform. PANews and on-chain analyst Ai 姨 reported separate account snapshots showing substantial leveraged BTC, ETH and HYPE exposure and prior combined profits of $3.283 million.

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