Machi: Adds $200K USDC to 5,075 ETH Long on HyperLiquid

Machi Big Brother deposited an extra $200K USDC on HyperLiquid, lifting his total stake to $450K and expanding the ETH long to 5,075 contracts at 25x leverage while simultaneously opening a fresh 20 BTC long at 40x; cumulative losses now surpass $32M.

With ETH price at $2175.51 trading below both the EMA50 at $2264.89 and EMA200 at $2269.47, the bearish structure remains intact on the 4h chart, yet the RSI(14) reading of 29.21 marks clear oversold territory that frequently triggers short-covering bounces inside high-leverage venues such as HyperLiquid perpetuals leverage mechanics ETH BTC; price currently sits inside the Bollinger Bands with lower support at $2150.64 and upper resistance at $2318.0, suggesting any relief rally would likely stall at the moving-average cluster before the next leg lower.