「Machi」ETH and HYPE Long Positions Liquidated Again, Funds Reduced to Under $50,000

According to HyperInsight, on February 6, Machi Huang faced a series of liquidations on his ETH and HYPE long positions within just one hour, amounting to approximately $1.6 million in total. This significant event has drawn renewed market attention.

Liquidation Details

• ETH Long: 480 ETH liquidated, worth about $900,000, reducing the position to $600,000 post-liquidation.
• HYPE Long: 21,280 HYPE liquidated, worth about $702,000, reducing the position to $480,000 post-liquidation.

Notably, Huang had topped up his account with about $275,000 the previous day. However, after this round of liquidation, the remaining funds have dropped to under $50,000. His ETH long position is now only 1.6% away from the next liquidation level.

From Spotlight to Struggles: Huang's Crypto Journey

As a well-known Taiwanese artist, Huang initially gained attention for profiting from blue-chip NFTs. He became active on the Hyperliquid platform starting mid-2025, but since October of the same year, he has experienced a series of massive liquidations, reducing his total holdings from over $100 million at its peak to around $100,000 today.