"Machi" still has an unrealized loss of over $4 million on an ETH position worth nearly $100 million.

October 7th, according to TradingBeats monitoring, "Machi" Huang Licheng currently holds approximately 38,400 ETH long positions on Hyperliquid, with a position value of about $98.7 million, using 25x cross margin leverage, an average entry price of about $2,679, a current unrealized loss of about $4.06 million, and a position return rate of about -99%.

During today's market pullback, Machi once reduced his ETH long position to about 35,700 coins, then re-increased his long exposure, and the current position size has rebounded to about 38,400 coins.

Currently, the ETH price is about $2,573, and the estimated liquidation price for this position is about $2,507, approximately 2.5% below the current price.