According to Odaily Planet Daily, crypto analyst Ai Yi (@ai_9684xtpa) monitored that in the 35 days since the market crash on October 11, Machi made 18 trades on Hyperliquid, with 5 profitable trades and 13 losing trades, a win rate of 27.7%, all of which were long positions. During this period, her cumulative losses reached $15.73 million, and she added $6.102 million in margin. Currently, Machi's account has approximately $946,000 in remaining margin, holding 7,500.7 ETH long positions with 25x leverage, a position size of approximately $23.68 million, and a current unrealized loss of approximately $2.27 million. The liquidation price is $3,043.16.

According to OKX market data, BTC has fallen below 96,000 USDT, currently trading at 95,984.1 USDT, a 24-hour drop of 7.29%. (This news item was generated with AI assistance.)

In the past hour, total liquidations across the network reached $12.52 million, with $10.54 million from long positions, with $1.98 million from short positions. BTC liquidation $2.94 million, ETH liquidation $5.49 million.

Huoxun Finance reported on November 14th that crypto analyst Specter published an article stating that on-chain investigations indicate BTXCapital and its founder Vanessa Cao may have been involved in price manipulation of multiple tokens on Hyperliquid, including POPCAT and TST, profiting through their substantial financial advantage. On November 12th, the attackers placed a buy order wall worth approximately $25 million at around $0.21 for POPCAT, using over 26 wallets to create the illusion of strong demand before cancelling the orders, leading to massive liquidations. The incident resulted in the attackers losing $4 million in collateral and HLP losing $4.9 million. Specter believes the attackers were able to absorb such huge losses likely because they shorted the token on centralized exchanges. On-chain fund flows further point to BTXCapital. Wallets involved in TST manipulation, the Bybit deposit wallet, and multi-signature addresses are all directly linked to the official BTXCapital wallet and Vanessa Cao's public wallet, vanessacao.eth. Fund flow data shows that it can easily mobilize large sums of money to manipulate prices. Specter points out that BTXCapital may also have manipulated tokens such as ZEREBRO, JELLYJELLY, and HIFI, which have recently experienced abnormal fluctuations, and suspects that similar methods may have been used on ZEC.

According to Lookonchain monitoring, despite the market downturn, Bitmine continues to buy ETH. A new address, 0x9973 (likely related to Bitmine), just received 9,176 ETH, worth $29.14 million, from its Galaxy Digital OTC wallet.