Market Trends & Trading Activity - Machi closed 2,100 ETH (approximately $6.72 million) early but still faced liquidation [1] - Machi deposited 254,727 USDC into Hyperliquid to increase his ETH long position [1] - Machi's ETH position increased to 11,100 ETH (approximately $36.36 million) [1] Liquidation Risk - Machi's current ETH position is 7,200 ETH (approximately $22.93 million) [1] - Machi's new liquidation price is $3,171.59 [1] - Machi's liquidation price for his increased position is $3,201.04 [1]

XVS Functionality and Mechanics - XVS unlocks yield-bearing collateral for users on the @extendedapp platform, allowing users to deposit funds into the vault and use the same capital as yield-bearing collateral for their trading activity [1] - When a user deposits into the vault, they receive the corresponding number of XVS shares into a sub-account [2] - XVS shares earn base vault yield, contribute 75% of their value to account equity, and contribute 25% of their value to balance available for trading [2] - If equity falls below maintenance margin requirements, liquidation starts from XVS, with the vault withdrawing the deposit back to the user [3] - Because XVS contribution is less than 100%, many liquidations stop as users receive USDC from liquidating XVS [3] Future Developments - The platform plans to gradually increase XVS contribution to both equity and available balance to 90% [4] - The platform will launch XVS Extra Yield on top of the base yield, with the APR depending on the user's rank in the Trading League of the points program [4] Risk Management - If XVS is used as collateral, it can be affected by trading losses and liquidation [4] - Users who want their vault deposit to stay independent of trading should keep XVS in a separate sub-account [4]

BTC has taken quite the hit since its 126K all-time high. The most recent drop took us to 80K in spectacular fashion as billions in leveraged positions were wiped out. And then after the dust had settled, Tradfi does the most tradey thing ever.Vanguard, the second largest asset manager in the world, reversed its anti-crypto stance and told its 50 million plus clients they could start trading crypto ETFs and crypto linked funds on its platform. Right on Q. So, did weak hands just hand over their coins to Wal ...

Market Analysis - Market makers need to recover losses after the 10/10 liquidation event [1] - Recovery may take a considerable amount of time [1]

Market Liquidation - Nine-figure liquidations are occurring frequently, impacting both short and long positions [1] - The destination of the liquidated funds is unclear [1] - There is uncertainty about whether the money simply disappears during liquidations [1]

Market Trend - Bitcoin price breaking above $100,045 could trigger the liquidation of nearly $6 billion in short positions [1]

Hyperliquid Exchange Overview - Hyperliquid has a $41 million whale long position with a liquidation price at $23.7 [1] - Hyperliquid's TVL (Total Value Locked) has reached $1.36 billion [1] Market Performance - Hyperliquid's native token HYPE is down 30% this month, making it the worst performer in the top 50 [1] Trading Strategy Implications - Defending the $23.7 level could trigger short covering, potentially driving the price to $35+ [1] - Breaking the $23.7 level could lead to a cascade effect, potentially driving the price down to $15 [1] Fee Structure - Hyperliquid is offering zero fees on both perpetual futures (perps) and spot trading [1]

🚨 REKT: Almost $350M in longs were liquidated on the past 24 hours. https://t.co/ErsKg0wIS7 ...

🚨 ALERT: $97M in crypto positions were liquidated in the last 60 minutes.Volatility is heating up. https://t.co/kJqDktrauz ...

Machi(@machibigbrother) is finally catching a break — up $3.1M in the past 2 days, cutting his total loss from $21.28M → $18.18M.Current positions:• 9,889 $ETH($31.72M)Liq price: $2,948.86• 155,000 $HYPE($5.58M)Liq price:: $18.98https://t.co/SgRbjekq2N https://t.co/fvuhCjwpHjLookonchain (@lookonchain):Due to the market drop, Machi(@machibigbrother) got liquidated again!But he deposited another 249.8K $USDC into #Hyperliquid to keep adding to his $ETH longs.Current position: 2,701 $ETH($7.36M)Liq price: $2,6 ...