Trading Performance - The user experienced 19 liquidations [2] - The user bought Bitcoin (BTC) at the peak 5 times [2] - The user panic-sold at the bottom 30 times [2] - The user's fees exceeded their profits [2] Market Sentiment - Crypto trading is still better than traditional finance [1]

Protocol Mechanism - Ammalgam 使用从池储备中获得的内部价格范围，而不是信任单一价格源 [1] - 仓位以该范围内最保守的价格进行评估 [1] - 清算使用对借款人更有利的价格 [1]

Market Trend - If Bitcoin reaches $93,000, over $4 billion in leveraged short positions would face liquidation [1]

Market Opportunity - Arthur Hayes suggests that altcoins, significantly impacted by the ~$19 billion liquidation event in October, now offer an opportunity for investors who maintained capital [1] Monetary Policy Impact - The report indicates that the Federal Reserve's resumption of money-printing via Reserve Management Purchases is expected to increase liquidity and leverage [1] - The analysis suggests that increased liquidity will initially benefit Bitcoin (BTC) and subsequently lead to a recovery in altcoins [1]

Market Event Analysis - A major cryptocurrency exchange, Binance, experienced API issues leading to market maker shutdowns and widespread liquidations [1] - Many market makers were unable to provide sufficient liquidity to support the market [1] - Exchanges with internal market makers or price backstopping capabilities absorbed significant liquidation volumes, particularly in small-cap and major cryptocurrencies [1] Liquidity and Risk Management - Entities that backstopped prices during the market disruption are now unwinding their positions, involving tens of billions in liquidity [2] - The unwinding process involves de-risking strategies, similar to program trading liquidations, to minimize market impact [3] - Current market illiquidity is amplifying the impact of de-risking activities [3] Year-End Considerations - Year-end audits and market liquidity constraints are driving the need to complete de-risking activities promptly [3]

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 ...