According to @PANewsCN citing Lookonchain (X, Oct 23, 2025), Machi (@machibigbrother) deposited 284,000 USDC to Hyperliquid after a liquidation to continue a long ETH position, source: @PANewsCN citing Lookonchain (X, Oct 23, 2025). The position currently stands at 2,300 ETH (about $8.8 million) with a liquidation price at $3,680.92, according to @PANewsCN citing Lookonchain (X, Oct 23, 2025). The account’s performance has flipped from a cumulative profit of $448.4 million to a cumulative loss exceeding $137 million, according to @PANewsCN citing Lookonchain (X, Oct 23, 2025). Traders can monitor the $3,680.92 liquidation threshold and the 2,300-ETH exposure as near-term risk markers for ETH perpetual markets, according to @PANewsCN citing Lookonchain (X, Oct 23, 2025).