According to Coinbob's Hot Address Monitoring, on February 28, Machi's long ETH position was forcibly liquidated, resulting in a total of 1,212 ETH being cleared, worth about $2.28 million. This liquidation resulted in a loss of approximately $198,000, leaving only $33,600 in his contract account.
Immediately after the liquidation, the account reopened a long position, currently holding about $900,000 in assets, with a liquidation price of $1,863.
Over the past five months, this address has attempted to go long on various cryptocurrencies 162 times, including 18 trades involving ETH, with a net deposit of about $15.68 million into Hyperliquid. However, nearly every transaction has ended in loss.