Michi Brother's Bug Cleanup: Failed Trade of 1.44 Million USDC on Hyperliquid

PensionDestroyer · 2026-03-23T11:07:20+00:00

Michi Bhai's failed trade on Hyperliquid resulted in a loss of 1.44 million dollars, but he returned with a 2.49 million dollar investment and opened risky short positions. His current holdings include 2000 ETH and 10,889 HYPC, and the market is watching for his success.

PensionDestroyer

2026-03-23 11:07:20

Abstract generation in progress

According to the latest report from Audily Planet, a significant incident has occurred under the supervision of Loke Chain. Famous trader Mechi Bhai has suffered a major blow on the Hyper Liquid platform. This big loss is the result of their incorrect strategy.

What happened: Complete loss of $1.44 million

Mechi’s first trading position failed completely. The $144,000 USDC they deposited in Hyper Liquid turned into a total loss. This big loss happened because they took a strong short position, and the market moved against them.

Starting a new journey: Recovery with $2.49 million USDC

After the loss, Mechi did not give up. They re-entered the market with $249,000 USDC. This time, they opened short positions in both ETH and HYPE. This is an attempt to recover, but it is risky.

Current situation: Watch the big bet

Currently, Mechi’s position includes 2000 ETH, valued at approximately $5.47 million. Additionally, they have 10,889 HYPE tokens, worth around $31,800. This big position is under close watch, and everyone is looking at the next steps. Market analysts are watching to see if Mechi will succeed in their next trade.

ETH-1,91%

HYPE0,14%

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