Machi deposited an additional 210,000 USDC into HyperLiquid to further increase his ETH long position.

CoinFeed reported on March 6th that, according to Onchain Lens, Machi (machibigbrother) deposited an additional 210,000 USDC into the HyperLiquid contract trading platform to increase his leveraged long ETH position, which had a maximum leverage of 25x. Prior to this, as the market declined, Machi had already closed out most of his positions with stop-loss orders, and the cumulative loss from this trade has now exceeded $29.7 million.