Liquidation Event - Whale 0xBADBB was partially liquidated for $16 million, consisting of $11 million in HYPE and $5 million in ETH [1] - The liquidation occurred due to the whale's large positions in HYPE ($60 million) and ETH ($184 million) [1] Position Overview - Whale 0xBADBB's remaining HYPE position is valued at $4488 million [1]

Market Dynamics - A Binance whale experienced a liquidation of a BTC/USDT long position valued at $11.58 million [1] - The liquidation occurred in a single order as Bitcoin's price dropped below $86,000 [1]

Market Sentiment - Market is reacting negatively to Machi's trading activities [1] Trading Activity & Losses - Machi added 250 thousand $USDC to long $ETH [1] - Machi experienced three liquidations shortly after topping up [1] - Machi's total losses exceed 227 million [1] Current Position - Machi's current position is 2,300 $ETH, valued at 696 million [1] - Liquidation price for the current position is $3,009.76 [1]

Another day, another liquidation for Machi(@machibigbrother).Deposit funds.Double down on longs.Get liquidated.Repeat forever.https://t.co/P6lglcgpyo https://t.co/80mBo0ai4A ...

UPDATE: Machi has just been liquidated for $15M of $ETH.He has also closed his longs on HYPE.He is down to his last $230K on Hyperliquid. Will Machi Big Brother make it out of this one? https://t.co/tTwdKqT00MArkham (@arkham):MACHI BIG BROTHER IS ALMOST OUT OF MONEYMachi Big Brother is down to his last $1.3 Million on Hyperliquid. He is currently leverage long $29.1M of $ETH, and is down $50,000 currently.His liquidation is at $3164. Will he make it all back, or is it over for Machi Big Brother? https://t.c ...

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]