On-chain monitoring platform Lookonchain reported that Machi Big Brother (@machibigbrother), a prominent crypto trader, was liquidated 7 times on the decentralized derivatives exchange Hyperliquid over the past 10 hours. Despite these repeated liquidations, he has not closed his position and continues to maintain a long ETH position, reflecting a strong conviction in the asset's potential upside.
At present, Machi Big Brother's ETH position stands at 1,100 ETH, worth approximately $1.82 million. The liquidation price for his long position is set at $1,635.71, meaning that if ETH's price falls below this threshold, his position faces further forced closure risk.
Machi Big Brother is well-known in the crypto space as a whale and early NFT collector. His trades frequently draw community attention. Hyperliquid, built on Arbitrum, is a rapidly growing decentralized perpetual contract platform that has gained popularity among large traders due to its high leverage options and minimal price slippage.