Machi Again Faces Full Liquidation, Still Down $1.14 Million After Switching to Papertrade

According to TechFlow, on Nov. 9, Lookonchain monitoring showed that on-chain trader Machi (Huang Lizheng) was again fully liquidated amid the current market downturn. He then transferred about $16,600 remaining in his Hyperliquid account to the Papertrade platform to continue trading.

Data showed that Machi's trading losses on the Papertrade platform have reached $1.62 million; despite earning about $485,000 in rewards, his cumulative loss still stands at about $1.14 million.

Source: TechFlow