Machi: Deposits $250K USDC to Scale 25x ETH Long | Flash News Detail | Blockchain.News
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5/16/2026 3:14:00 PM

Machi: Deposits $250K USDC to Scale 25x ETH Long

Machi: Deposits $250K USDC to Scale 25x ETH Long

Machi deposits $250K USDC into HyperLiquid to boost his reopened 1,275 ETH 25x long after $32M liquidation losses on prior ETH and BTC positions.

Source

Analysis

Machi deposited $250K USDC into HyperLiquid to scale his fresh ETH 25x long to 1,275 contracts immediately after full liquidation wiped out his previous ETH and BTC leveraged bets, with cumulative losses hitting $32M.

Price action on the 4h chart shows ETH trading at $2178.18 inside the Bollinger Bands with lower support at $2165.92 while the bearish EMA50 at $2272.04 and EMA200 at $2270.56 act as overhead resistance; the oversold RSI(14) at 29.61 combined with MACD death cross at -29.55 points to short-term volatility exhaustion before any sustained recovery attempt.


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