Crypto Whale Machi Big Brother Faces Liquidation
Machi Big Brother's Trading Position: Jeffrey Huang, known as Machi Big Brother, has opened a new long position of 3,000 ETH worth approximately $9.81 million on Hyperliquid DEX, after partially liquidating his previous position. He deposited $262,500 USDC to bolster his bullish bet, with a new liquidation price set at $3,199.31.
Volatile Trading History: Huang's trading history is marked by significant volatility, having previously suffered a complete liquidation of a high-leverage ETH position that resulted in a loss exceeding $15 million. His trading strategies have seen him swing from substantial profits to major losses, highlighting the risks associated with leveraged trading.
Reputation and Controversy: Beyond his trading activities, Huang is a controversial figure in the crypto space, previously involved in a legal dispute over fund mismanagement allegations. Despite setbacks, he continues to engage in high-stakes trading, reinforcing his reputation as a speculative trader.
Market Impact: Huang's trading moves are closely monitored by analysts and the crypto community, as his decisions can influence market sentiment and highlight the risks of leveraged trading in the volatile cryptocurrency market.
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Technical Analysis for HYPE
Technical Sentiment Analysis for Hyperliquid (HYPE) As of , Hyperliquid (HYPE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for HYPE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, HYPE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Hyperliquid (HYPE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 16.063 | 21.741 | 27.068 | 32.746 | 38.073 | 43.751 | 49.078 |
| Fibonacci | 21.741 | 25.945 | 28.542 | 32.746 | 36.95 | 39.547 | 43.751 |
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