Machi (Huang Licheng) sold 177 ETH on Hyperliquid, receiving $677,000 in USDC. Following the sale, he re-entered long positions on both ETH and HYPE. Machi longed 1,800 ETH at an entry price of $3,826, with a liquidation price set at $3,505. Additionally, he longed 55,000 HYPE at $39.8, with a liquidation price of $28.8.