Machi: Adds $287K USDC to $13M ETH Long on HyperLiquid
Machi deposits $287,913 USDC into HyperLiquid boosting 6,325 ETH long to $13M with losses exceeding $33M as ETH trades at $2081 amid bearish 4h structure.
SourceAnalysis
Machi deposited another $287,913 USDC into HyperLiquid to scale his 25x ETH long to 6,325 ETH worth $13M while cumulative losses surpass $33M. ETH price sits at $2081.0 inside the Bollinger band with upper resistance at $2139.98 and lower support at $2070.34. The 4h chart shows clear bearish trend structure as price remains below both EMA50 at $2119.79 and EMA200 at $2211.03 while MACD prints a death cross at -7.3. With price testing upper Bollinger resistance while RSI(14) at 43.76 stays neutral, a healthy retracement toward the 50-EMA support at $2119.79 appears probable before any continuation attempt. Traders tracking ETH price prediction and crypto leverage trading note this position size now represents one of the largest visible longs on the venue.
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