PANews reported on March 6th that, according to Onchain Lens , Machi ( machibigbrother ) deposited an additional 210,000 USDC into the contract trading platform HyperLiquid to increase his leveraged long ETH position (up to 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.