Back

Machi Huang Licheng’s ETH Long Position Liquidated for $2.28 Million Loss

Machi Huang Licheng’s ETH long position was liquidated for 1,212 ETH, resulting in a $198,000 loss. His leveraged trading history includes 164 rounds over five months with a net deposit of $15.68 million on Hyperliquid.

ETH
HYPE

Summary

Machi Huang Licheng’s ETH long position, valued at approximately $2.28 million, was liquidated on Feb. 28, resulting in a $198,000 loss and leaving $9,289 in his account. Over the past five months, Huang made 164 leveraged trades, depositing $15.68 million to Hyperliquid, with most trades resulting in losses.

Terms & Concepts
  • Liquidation: A forced closure of a leveraged position when margin falls below required levels due to adverse price moves.
  • Long position: A trade that benefits if an asset’s price rises; losses occur if the price falls.
  • Hyperliquid: A crypto derivatives platform where users trade on margin with on-chain settlement mechanics.