Cryptocurrency trader Machi, known by the handle @machibigbrother, has deposited $250,000 USDC into the HyperLiquid platform. Machi has opened a 25x leveraged long position on Ethereum (ETH) and a 10x leveraged long position on HYPE. Despite these new positions, Machi is reportedly facing losses exceeding $26 million. The trader's high-risk strategy continues to draw attention within the crypto community.