An account identified by Lookonchain as Machi Big Brother was liquidated seven times over 10 hours while still holding ETH long positions on Hyperliquid.
According to NS3.AI, CoinGlass data showed ETH open interest near $22.7 billion and 24-hour futures liquidations near $213 million as of press time.
The figures indicate elevated derivatives activity and significant forced position closures in the ETH futures market during the period referenced.
ETH Longs Face Heavy Liquidations as Open Interest Nears $22.7 Billion
2026-06-24 22:08:20
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