Pepe price

Author: Chloe, ChainCatcher   Since the intensification of market volatility in early October, Brother Maji's leveraged positions on Hyperliquid have been liquidated one after another, from heavy long orders at the beginning of the month to liquidation and stop losses after 16 days, becoming one of the most representative cases of high-leverage crashes. According to on-chain data and monitoring tweets, Brother Maji closed all long positions in XPL, PUMP and ASTER in the early morning of October 10, with a cumulative loss of up to $21.53 million. Just a few hours later, he reopened a 5x long XPL order on Hyperliquid, with an initial position of 500,000 coins, worth about $375,000. Subsequently, the position was increased to 2.5 million (US$1.83 million), and at the same time, ASTER 3x long orders (500,000 coins, about US$795,000) were opened again, and there was a PUMP missing. On the morning of October 11, its ETH long orders were liquidated, losing approximately $12.16 million in just two hours. The overall monthly loss increased to $29.92 million, mainly concentrated in long positions in XPL and ETH. After clearing his position, he increased his replenishment and opened a 25x long ETH (2,000 coins, worth $7.63 million, opening price 3,825.01) and a HYPE 10x long order (60,000 coins, worth $2.33 million, opening price 39.735), with a total value of $9.968 million in both positions, both in a floating loss. Soon after, Brother Maji increased his position to a total position of US$10.92 million, with an account margin of about US$740,000 and a utilization rate of 82%, and he still retained room for leverage expansion. On October 12, he stopped HYPE again and lost $276,000. The overall Hyperliquid account loss widened to $11.03 million, with a cumulative loss of nearly $49.59 million during the month. At this time, Brother Maji still held 2,700 ETH long orders, with a total position of $10.3 million and an average opening price of 3,806. On October 15, according to the monitoring of on-chain analyst Aunt Ai (@ai_9684xtpa), the cumulative loss of Brother Maji's account on the 30th has reached US$53.62 million (his account was still profitable US$44 million on September 19). ETH 25 x long orders continue to be open, with a position value of about $8.79 million, only $61.5 away from the liquidation area, and a floating loss of about $120,000. Yesterday (16th), Brother Maji was liquidated in a series of positions, reducing his position by 1,590 ETH within 11 hours, losing $246,000, leaving only 585 ETH ($2.33 million). Its account balance fell to $32,800, and the cumulative loss turned from a peak positive income of $43.64 million to a net loss of $13 million. As of this morning (17th), he sold 1.64 million PNKSTR tokens (worth $119,000), lost $214,000 (-65%), and then transferred 47.43 ETH (approximately $186,000) to the Hyperliquid expansion position, and still holds 1,189 ETH, with a total value of about $4.67 million. According to Hyperbot on-chain data (wallet address 0x020c... 5872), as of the morning of October 17, the total assets of the account were about $228,000, of which almost all were open Perp positions ($228,000), with no additional assets, indicating that the size of his position had shrunk significantly after multiple rounds of liquidation. Although it still retains ETH long orders, its leveraged funds have basically been exhausted, and its Hyperliquid high-leverage strategy has come to an end. Brother Maggie's Hyperliquid leverage was almost completely wiped out in just one week. Although he re-increased his ETH on the morning of the 17th, trying to buy the bottom and counterattack after the plunge, the current on-chain balance and position leverage observation show that the rebound space is extremely limited. However, judging from the eldest brother's social media posts, he himself seems to be very plain about this matter, and he also complained with netizens that he played "Killer. Ouyang Bonsai" just verifies the recent state. James Wynn makes a triumphant comeback, but his high-leverage trading has been liquidated again In addition, James Wynn (@JamesWynnReal), a trader who is also a typical representative of high-leverage operations, has also wiped out most of his profits during the recent market turmoil. At the beginning of the year, Wynn quickly accumulated a total profit of over $43 million by placing highly leveraged bets on Bitcoin and meme coins like PEPE. During that time, his trading style was seen as representative of the Hyperliquid platform, but the good times were not often, and Wynn became a hot topic in the market after being liquidated for $100 million after the price of BTC fell to $105,000 in May, and then he asked fans for donations on social media so that he could continue trading, and a few days later he placed another $100 million leveraged BTC order. Then the second $100 million leveraged position was liquidated, and Wynn directly deactivated X and temporarily withdrew from the world of highly leveraged cryptocurrency trading. Until recently, on October 15, Wynn injected $197,000 into Hyperliquid with $197,000 in stablecoins, opening a series of long orders for BTC with 40x leverage, long orders for KPEPE and HYPE with 10x leverage, with a total position value of about $4.8 million. The next day, the sudden market volatility caused all of his positions to be liquidated, and his account balance was reduced to about $63,000, resulting in a significant loss in the short term. Then, he opened a KPEPE long order with 10x leverage, which was partially liquidated again within 6 hours, leaving about 39.2 million kPEPE (about $271,000). Wynn's trading trend on Hyperliquid is said by the market to be the trader with the most volatile performance in the industry. At present, the market has been significantly deleveraged due to flash crashes, and the funding rate has dropped sharply. Analysts said this indicates that investors are reducing their aggressive long positions, and the market's leveraged trading volume has dropped significantly. When the position is on the verge of extreme sensitivity, any slight market fluctuations may trigger liquidation, and the sensitivity of profit and loss is magnified by the leverage multiplier.