A prominent Ethereum long position on Hyperliquid faced repeated liquidations on June 23. The event has drawn attention to public tracking of whale activity on the platform.
Lookonchain reported that the account linked to Machi Big Brother was liquidated seven times over a 10-hour period on June 23 while maintaining long positions in ETH.
Hyperliquid's transparent address-level data and liquidation maps allowed traders to monitor the vulnerable price zones in real time. This visibility turned the position into a shared reference point for market participants.
At the time, ETH traded at $1,607, down 3 percent over 24 hours. Open interest in ETH derivatives stood near $22.7 billion with futures liquidations totaling about $213 million.
The episode illustrates how public leverage data on Hyperliquid can influence short-term trading behavior without guaranteeing price direction.
