HyperliquidX whale down $3.39M on 45.09K ETH long at $2416; liquidation at $2251.2 amid bearish 4h structure.

According to @EmberCN, after being down to a little over $100k, Machi deposited 250,000 USDC to the account to continue funding longs, source: @EmberCN. He increased ETH long exposure to approximately $7.54 million notional with an average entry of $2,840 and a liquidation price at $2,698, source: @EmberCN. The market’s inflection on 10/11 was followed by sustained declines, during which this persistent long positioning has led to cumulative principal losses of about $21.1 million, source: @EmberCN. For trading context, the stated average entry is $2,840 and the liquidation threshold is $2,698 on the ETH long, source: @EmberCN.