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CryptoSlate· Liam 'Akiba' Wright·· 16d ago

Machi Wallet Reopens 2,500 ETH Long Position on Hyperliquid After Liquidation

Original source: CryptoSlateRead original
AI brief

A tracked Hyperliquid wallet belonging to Machi had 1,650 ETH force-liquidated on Oct. 15, resulting in approximately $269,225 in realized losses before fees. About seven minutes after the last forced fill, the wallet began rebuilding a long position, ultimately holding a 2,500 ETH long by 1:16 p.m. BST, with an average entry near $2,370.34. This activity occurred amid broader market context, including net outflows of $261.4 million from US spot Bitcoin ETFs and $129.5 million from US spot Ether ETFs.

Source: CryptoSlate · cryptoslate.com