According to @Flavio_leMec, a user reports being liquidated for the third time this week on HyperliquidX, highlighting acute liquidation risk when trading leveraged crypto perpetual futures, source: @Flavio_leMec on X, Dec 19, 2025. Hyperliquid operates as a decentralized perpetual futures exchange where positions are liquidated once the margin ratio falls below the exchange’s maintenance requirement, making liquidation price tracking and margin buffers critical, source: Hyperliquid documentation. Industry education recommends reducing leverage, sizing positions smaller, using isolated margin, and deploying stop-loss orders to lower liquidation probability on perps, source: Binance Academy futures risk management. Monitoring funding rates and realized volatility helps estimate liquidation distance and potential margin drawdown during rapid moves, source: Binance Academy guide to funding rates and futures risk.

According to Onchain Lens, Machi (@machibigbrother) deposited $1.2 million USDC into HyperLiquid and opened a 25x leveraged ETH long position. Source: Onchain Lens https://twitter.com/OnchainLens/status/2001078863468847574; Hypertracker https://app.coinmarketman.com/hypertracker/wallet/0x020ca66c30bec2c4fe3861a94e4db4a498a35872 According to Onchain Lens, as the market continued to decline, the new 25x ETH long was completely liquidated. Source: Onchain Lens https://twitter.com/OnchainLens/status/2001078863468847574 According to Onchain Lens, the cumulative loss tied to Machi’s ETH leverage trading now exceeds $22.9 million. Source: Onchain Lens https://twitter.com/OnchainLens/status/2001078863468847574 According to Onchain Lens, this sequence represents large forced long-liquidation flow in ETH perps on HyperLiquid during the downside move, which is directly observable via the provided wallet tracker. Source: Onchain Lens https://twitter.com/OnchainLens/status/2001078863468847574; Hypertracker https://app.coinmarketman.com/hypertracker/wallet/0x020ca66c30bec2c4fe3861a94e4db4a498a35872

According to @ai_9684xtpa, trader Maji closed a four-day ETH long for a $1.872 million realized loss, leaving $15,919.64 in the account; source: https://twitter.com/ai_9684xtpa/status/2000820683409121644. According to @ai_9684xtpa, this marked six straight long losses totaling $2.49 million, and the same Hyperliquid account has accumulated $21.25 million in losses since May; sources: https://twitter.com/ai_9684xtpa/status/2000820683409121644 and https://hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872. According to @ai_9684xtpa, a subsequent liquidation removed 6,489 ETH for a $720,000 loss, leaving a 2,500 ETH long worth about $7.79 million with the latest liquidation price at $3,074.62 and unrealized PnL of negative $314,000; sources: https://twitter.com/ai_9684xtpa/status/1999506971557499002 and https://hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872. These position sizes, realized PnL, and the stated liquidation price are visible on the Hyperbot account page for ongoing monitoring; source: https://hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872.

According to @ai_9684xtpa (X, Dec 5, 2025), after direct confirmation with @0xPickleCati, the trader did not profit from shorting during the 10/11 flash crash; sufficient margin allowed him to carry the drawdown into the rebound, resulting in no material realized loss (source: @ai_9684xtpa on X; source: @0xPickleCati on X). @0xPickleCati stated his Binance coin-margined account showed about $3 million USDT unrealized loss during the event while positions remained open (source: @0xPickleCati on X). This correction removes earlier claims of short-side gains and underscores the role of margin buffers in withstanding intraday volatility on Binance during the 10/11 selloff (source: @ai_9684xtpa and @0xPickleCati on X).

According to @lookonchain, Machi (@machibigbrother) was liquidated again amid the market drop and then deposited 249.8K USDC into Hyperliquid to continue adding ETH longs, source: @lookonchain. The current position is 2,701 ETH valued at $7.36M, source: @lookonchain. The reported liquidation price is $2,698.14, marking the key risk threshold for this leveraged exposure, source: @lookonchain. Reported cumulative losses tied to these trades total $21.28M, source: @lookonchain.

According to @OnchainLens, Machi deposited 250,000 USDC into HyperLiquid to increase his 25x ETH long position, with the wallet activity visible on the HyperTracker page source: Onchain Lens on X Dec 1 2025 and CoinMarketMan HyperTracker app.coinmarketman.com/hypertracker/wallet/0x020ca66c30bec2c4fe3861a94e4db4a498a35872. According to @OnchainLens, the position has been repeatedly liquidated and the cumulative loss now exceeds 21.2 million dollars source: Onchain Lens on X Dec 1 2025 and CoinMarketMan HyperTracker app.coinmarketman.com/hypertracker/wallet/0x020ca66c30bec2c4fe3861a94e4db4a498a35872. According to @OnchainLens, this sequence highlights the high liquidation risk of 25x ETH perps on HyperLiquid for undercollateralized entries, which traders should factor into sizing and margin buffers source: Onchain Lens on X Dec 1 2025 and CoinMarketMan HyperTracker app.coinmarketman.com/hypertracker/wallet/0x020ca66c30bec2c4fe3861a94e4db4a498a35872.

According to @EmberCN, a whale who accumulated 700 WBTC via looped USDT borrowing on Aave during May–July at an average entry of USD 116,603 for a total of USD 81.62 million saw the position approach liquidation amid a deep BTC pullback (source: @EmberCN on X, Nov 22, 2025). The whale closed the position today and realized a USD 21.68 million loss as the liquidation threshold neared (source: @EmberCN on X, Nov 22, 2025).

According to @ai_9684xtpa, the trader known as “Machi” was liquidated 22 times in the past 24 hours with realized losses of $1.047 million, pushing cumulative account losses to $18.56 million, source: @ai_9684xtpa on X referencing Aster DEX. One hour after the latest liquidation, the trader opened a $340,000 25x ETH long with an entry price of $2,738.76, source: @ai_9684xtpa on X referencing Aster DEX. Aster DEX labeled this pattern “Machi Mode,” highlighting repeated liquidations in a short window, source: @ai_9684xtpa on X referencing Aster DEX.

According to @OnchainLens, Machi (@machibigbrother) deposited $115,000 USDC into HyperLiquid to increase a 25x long position on ETH. According to @OnchainLens, the position was liquidated even while it was being opened.

According to @EmberCN, the account nicknamed Maji saw its ETH long liquidated during today’s early downturn; source: https://twitter.com/EmberCN/status/1991661301639311579. According to @EmberCN, the same account then deposited 115,000 USDT and increased its ETH long exposure again; source: https://twitter.com/EmberCN/status/1991661301639311579.

According to @EmberCN, a whale that used loop lending to accumulate WBTC and ETH liquidated 18,517 ETH over two days for 56.45 million dollars to avoid liquidation, realizing a 25.29 million dollar loss. Source: @EmberCN on X, Nov 20, 2025. After exiting ETH, the address still holds 1,560 WBTC with a 116,762 dollar cost basis per coin and an unrealized loss of 41.12 million dollars. Source: @EmberCN on X, Nov 20, 2025.

According to @OnchainLens, the second-largest losing ETH long on HyperLiquid was partially liquidated, realizing a $4.07M loss on a 6x ETH long, and the trader still holds the position with an unrealized loss exceeding $6M. Source: Onchain Lens on X, Nov 20, 2025 https://twitter.com/OnchainLens/status/1991379526161690690; CoinMarketMan HyperTracker wallet page https://app.coinmarketman.com/hypertracker/wallet/0x4e8d91cb10b32ca351ac8f1962f33514a96797f4

According to @OnchainLens, the on-chain gambler 0x7B7 was fully liquidated on ZEC long positions across four wallets with total realized losses exceeding $10.4 million, source x.com/OnchainLens/status/1990597703680864707. The identified wallets include the main address 0x7B7b908c076B9784487180dE92E7161c2982734E and sub-accounts 0x26cc5b2b5c15b679cc042914bfa9194cf7851e43, 0xc07240cce22959af4df80b45ae77ba8b20b363c3, and 0xaafc72d5f002e0d61f22d95acadb7e469846e326, with on-chain performance and liquidation traces viewable via CoinMarketMan Hypertracker, source app.coinmarketman.com/hypertracker/wallet/0x7B7b908c076B9784487180dE92E7161c2982734E and app.coinmarketman.com/hypertracker/wallet/0x26cc5b2b5c15b679cc042914bfa9194cf7851e43 and app.coinmarketman.com/hypertracker/wallet/0xc07240cce22959af4df80b45ae77ba8b20b363c3 and app.coinmarketman.com/hypertracker/wallet/0xaafc72d5f002e0d61f22d95acadb7e469846e326. The liquidation event and loss figures are explicitly documented in the original disclosure by @OnchainLens and corroborated by the linked wallet dashboards, source x.com/OnchainLens/status/1990597703680864707 and app.coinmarketman.com/hypertracker/wallet/0x7B7b908c076B9784487180dE92E7161c2982734E.

According to Onchain Lens, Machi again deposited 250,000 USDC into HyperLiquid; source: Onchain Lens on X, Nov 20, 2025. Onchain Lens also reports he opened a 25x long position in ETH and was liquidated during the position opening; source: Onchain Lens on X, Nov 20, 2025. Position and wallet activity are viewable via CoinMarketMan HyperTracker wallet 0x020ca66c30bec2c4fe3861a94e4db4a498a35872; source: CoinMarketMan HyperTracker.

According to @EmberCN, a whale who used a looping-loan strategy to accumulate WBTC and ETH sold 9,516.8 ETH for $29.36M USDT at an average price of $3,085 to repay debt on Aave (source: @EmberCN on X). The address cut its Aave borrowings from $150M to $121M and lifted its health factor from 1.04 to 1.12, moving the account above the immediate liquidation threshold of 1.0 on Aave (source: @EmberCN on X; source: Aave Docs). The position still holds 1,560 WBTC as collateral on Aave, indicating sizeable on-chain exposure to monitor for further balance changes (source: @EmberCN on X). On Aave, positions are eligible for liquidation when the health factor falls below 1.0, so the rise to 1.12 indicates temporary relief from forced selling risk tied to protocol mechanics (source: Aave Docs; source: @EmberCN on X).

According to @lookonchain, Machi (@machibigbrother) was liquidated again on HyperLiquid while running an ETH long position (source: @lookonchain). He then deposited another 256.7K USDC on HyperLiquid to continue going long on ETH, signaling ongoing leveraged exposure (source: @lookonchain). The post describes this as revenge trading in an effort to recover prior losses (source: @lookonchain).

According to @OnchainLens, a brief price pump liquidated over $3 million across multiple short positions and forced the closure of the remaining shorts, based on their monitoring update on X dated Nov 18, 2025 (source: Onchain Lens on X). According to @OnchainLens, the same trader later opened 10x ZEC short positions across three wallets totaling $48.47 million notional with $3.36 million in unrealized profit, with activity visible at hyperbot.network/trader/0x7B7b908c076B9784487180dE92E7161c2982734E, hyperbot.network/trader/0x26cc5b2b5c15b679cc042914bfa9194cf7851e43, and hyperbot.network/trader/0xc07240cce22959af4df80b45ae77ba8b20b363c3 (source: Onchain Lens on X; HyperBot dashboards).

According to @EmberCN, an ETH perma-long trader was liquidated twice, with recent funding of about USD 3.437 million reduced to roughly USD 47,000 remaining, corroborated by the referenced Hyperbot trader page; source: @EmberCN on X; Hyperbot trader page. According to @EmberCN, after the first liquidation left about USD 220,000 in margin, the trader re-opened an ETH long at USD 3,052, saw an intraday rebound toward USD 3,200 without taking profit, and was then liquidated again when ETH fell below USD 3,000; source: @EmberCN on X; Hyperbot trader page. According to @EmberCN, the sequence underscores elevated liquidation risk for leveraged ETH longs around the USD 3,000 area when profits are not secured during rebounds; source: @EmberCN on X; Hyperbot trader page.

According to @OnchainLens, trader Machi (@machibigbrother) faced multiple liquidations on a 25x ETH long as the market continued to dip. According to @OnchainLens, the position is now showing losses of over $19.35M. According to the HyperBot trader page referenced by @OnchainLens, the activity is tied to address 0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872.

According to @ai_9684xtpa, a tracked trader has gone long on ETH for the 20th straight time since the Oct 11 flash crash (source: @ai_9684xtpa; hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872). One hour earlier, the trader’s 7,750.43 ETH long was liquidated, realizing a $3.145 million loss (source: @ai_9684xtpa). The trader then used the remaining $470,000 margin to open a new 25x ETH long of 3,750 ETH, $11.78 million notional, at an entry price of $3,068.04 (source: @ai_9684xtpa). At the time of reporting, the position showed approximately $270,000 in unrealized profit (source: @ai_9684xtpa). Live position details and performance can be monitored via the provided tracker link (source: hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872).