On May 8, it was reported that investor Huang Licheng, known as 'Machi,' experienced a significant liquidation on March 26, nearly depleting his account. According to BlockBeats On-chain Detection, he subsequently deposited $700,000 into Hyperliquid to replenish his funds and initiate a new long position.
As of the latest update, Huang has deposited a total of $1.195 million into the platform. Over a period of just over a month, he increased his position size from a few million to $55.8 million. However, with the current account balance at $1.6 million, the actual return rate for this round is approximately 33.3%, resulting in a net profit of around $400,000.
Currently, the address holds an ETH long position valued at $35.9 million and a BTC long position worth $19.9 million, with a total unrealized loss of $860,000.
Address: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872