A $150M 40x BTC long, 1.7% from liquidation, and Machi is back 19 times bigger

Daily · · CryptoAnimon · All posts

Yesterday in one line: a V. BTC rose 0.7% (81,651 → 82,211) after dipping to the low 80,000s in the early-morning cascade, ETH rose 0.9% to 2,441 on a 6.6% range, and HYPE closed at 81.68, back above 80. $201.1M of positions were liquidated, 91% of it longs, almost all in the 02:22 UTC cascade we covered yesterday. Open interest on Hyperliquid's main perps rose 4.2% to $11.60B on $14.02B of taker volume. Trades of $100K or more net-sold $47.5M of BTC and $13.5M of HYPE. STRK jumped 12.7% as its open interest rose 60%.

Then, late in the day, one Hyperliquid whale put $187M on crypto going up.

Yesterday's levels, checked

The $150M Hyperliquid whale

BTC liquidation map on Hyperliquid, Oct 16 06:26 UTC: 0x30af's $149.5M 40x long liquidates at 80,640 (−1.7%), 0x0c4a's $31.6M 40x long at 77,599 (−5.4%); above the price, 0x4b62's $24.1M 40x short at 83,124 (+1.3%), 0xaeaa's $28.7M 20x short at 85,022 (+3.6%) and 0xc3ed's $24.6M 40x short at 88,101 (+7.4%)

Until yesterday afternoon, 0x30af…393e was a stock trader. Its first trade on Hyperliquid was on August 19. Since then it has traded $830M, mostly stock perps: long GOOGL and GME, short CoreWeave (CRWV) and SOXL. All-time, it's up $5.3M.

At 17:00 UTC yesterday, it closed the CoreWeave short for a $1.58M loss.

In the same hour, it bought 1,111 BTC, about $91.5M. By 20:00 UTC:

The account behind it holds $5.77M. That's $187M of exposure, about 32 times the money in the account.

Both positions share the same margin. So the two liquidation lines move together: if ETH falls first, the BTC line moves up toward the price, and the other way around. A 1.7% drop in BTC is a normal afternoon. BTC moved 3.6% yesterday.

Headlines say whales are short. The nearest bets say both.

TokenPost reported yesterday that Hyperliquid whale shorts had reached $4.2B, more than the longs. On the tape, big sellers did win the day: $47.5M of net BTC selling.

But look at the bets closest to the price. They're at 40x on both sides.

So BTC is sitting in a 3% box. Down 1.7% and a $150M long gets liquidated. Up 1.3% and a $24M short does. Whichever line breaks first, the forced selling or buying pushes the price toward the next line on that side.

Machi is back, 19 times bigger

0x020c…5872, the wallet tracked as Machi Big Brother's, was liquidated at 02:24 UTC yesterday. Seven minutes later he opened 320 ETH. Then he kept buying, all day, from 2,355 up to 2,461.

He now holds 6,100 ETH ($14.9M) at 25x, average 2,399. He's up $285K. His liquidation is 2,404 (−1.7%).

That's $2 away from the $150M whale's ETH line at 2,406. Together, about $52M of ETH longs liquidate within $2 of each other.

HYPE: why below $80?

AMBCrypto asked why HYPE stayed under $80 after a whale staked $100M. It didn't stay there: HYPE closed yesterday at 81.68. But big takers net-sold $13.5M of HYPE, a third of HYPE's big-trade volume.

Some wallets are moving the other way. 0x13da…08be sold an $18.1M SOL long and bought $10.5M of HYPE at 79.79, 10x, liquidation 75.61. And the largest HYPE long we track, 0x082e…ca88, still holds 1.38M HYPE ($111.9M) at 5x, up $58.5M, liquidation 72.89 (−10.1%).

In our data, HYPE longs held for more than 180 days have won 83% of the time. Shorts held that long won 38%.

Levels to watch

BTC (about 82,070)

ETH (about 2,446)

HYPE (about 81.05)

Live liquidation maps: BTC · ETH · HYPE. To get a Telegram alert when one of these wallets moves, tap 🔔 next to the title on its wallet page.

Data: Hyperliquid on-chain fills, liquidations and positions, compiled by CryptoAnimon; whale-short total as reported by TokenPost. Positions and prices as of 06:26 UTC, Oct 16; "yesterday" means Oct 15 (UTC).

Licensed under CC BY 4.0: you are free to quote, republish and adapt this post — please credit "CryptoAnimon" and link to https://cryptoanimon.com/w/en/daily/2026-10-16.html.

← Oct 15, 2026