About 20 minutes ago, "Machi" used his last margin to open a 40x long position on BTC, with a position value of only $1.6 million.

BlockBeats News, October 18, according to on-chain analyst Ai Yi (@ai_9684xtpa), "Machi Big Brother" Huang Licheng deposited 220,000 USDC received from QCP Capital into Hyperliquid as margin 13 hours ago. Twenty minutes ago, he opened a 40x long position on BTC and is currently holding 15 BTC (approximately 1.6 million USD). In addition, he also holds a long position of 1,288.88 ETH (worth 5.03 million USD), with a total position value of 6.63 million USD.