According to comprehensive media reports, on-chain analysis team Lookonchain's monitoring data indicates that Huang Licheng (@machibigbrother) has been trading Ether with over 25 times leverage on Hyperliquid since September 18 of this year. When the market reversed on October 11, he chose not to set a stop loss, but instead continuously "averaged down". As a result, since November, his account has been liquidated 71 times, making him the user with the most liquidations on Hyperliquid.

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