Huang Licheng Closes Positions and Empties Hyperliquid Account, With Cumulative Losses of $37.46 Million Over a Year and a Half

November 10: According to monitoring by on-chain analyst Yu Jin, after a year and a half of high-intensity trading on Hyperliquid, Huang Licheng (Machi) was liquidated yesterday morning and then deposited funds again to open a long position on ETH; in the afternoon, however, he voluntarily closed the position and transferred all the account's funds to the trading-mining address of his Papertrade project. This is the first time since last May that he has closed positions and emptied his Hyperliquid address, with cumulative losses of $37.46 million.