According to monitoring data from on-chain analytics platform Lookonchain as of June 3, crypto veteran participant Huang Licheng (@machibigbrother) experienced 7 liquidations on Hyperliquid over the past two days, and then opened a long position again using 25x leverage for 400 ETH, with a notional value of approximately $744,000. The new liquidation price is $1,834.01.
Lookonchain Monitoring Data: 7 Liquidations in Two Days and Latest Position Parameters
(Source: Hyperliquid)
According to Lookonchain’s on-chain monitoring, Huang Licheng faced 7 liquidations on Hyperliquid within two days, and then established a long position again on June 3, 2026: position size of 400 ETH, notional value of approximately $744,000 (calculated using the market price at the time of opening), leverage of 25x, and a new liquidation price of $1,834.01. 25x leverage means the margin is about 4% of the notional position. If the ETH spot price reaches $1,834.01, this position will be forcibly liquidated.
Full Record Since the Second Half of 2025: Hyperliquid Cumulative Liquidations Exceed 250 Times
According to Lookonchain’s statistics, since the second half of 2025, Huang Licheng’s cumulative number of liquidations on Hyperliquid has exceeded 250 times. Based on the patterns shown in the on-chain data, after almost every liquidation, Huang Licheng rebuilds positions almost immediately. This recent “7 liquidations in two days, followed by opening another long” appears to be a continuation of the same behavior pattern. Taiwan media Apple Daily News also reported on related liquidation events prior to this.
FAQ
What are the confirmation parameters for Huang Licheng’s latest position?
According to Lookonchain’s on-chain monitoring: position size of 400 ETH, notional value of approximately $744,000, leverage of 25x, liquidation price of $1,834.01, and the position opened on June 3, 2026 on Hyperliquid.
How many times has Huang Licheng been cumulatively liquidated on Hyperliquid?
According to Lookonchain’s statistics, since the second half of 2025, Huang Licheng’s cumulative number of liquidations on Hyperliquid has exceeded 250 times.
Under 25x leverage, how is the liquidation price calculated?
25x leverage means the margin is approximately equal to 4% of the notional position (i.e., 1/25). Once the ETH spot price drops by about 4% from the entry price, the position reaches the liquidation line and will be forcibly liquidated. Lookonchain recorded the specific liquidation price for this position as $1,834.01.
