Trader Machi Big Brother reportedly liquidated on Hyperliquid as account plunges from $12.25M peak to $21,800
Crypto trader Machi Big Brother suffered heavy liquidations on perpetuals exchange Hyperliquid after Ethereum tumbled, wiping out an account that had reportedly grown from $56,000 to over $12 million across four months.
Crypto trader Machi Big Brother, identified as Jeffrey Huang, was reportedly liquidated on decentralized perpetuals exchange Hyperliquid after a steep drop in Ethereum's price, according to reports from on-chain analytics accounts Lookonchain and Arkham. The trader had built an account from $56,000 up to a peak of roughly $12.25 million over the past four months before the market reversed, pulling the balance down to around $21,800.[4][5][8][9][10]
The wipeout unfolded overnight as Ether plunged from $2,500 toward $2,300, a move attributed by market observers to higher-than-expected U.S. inflation data that sparked broader selling. Hyperliquid interface screenshots of the tracked wallet, 0x020ca66c30bec2c4fe3861a94e4db4a498a35872, show four successive ETH-USD liquidation executions totaling 1,650 ETH valued at nearly $3.9 million, settled at prices between $2,331.50 and $2,379.95.[2][4][9][10]
Following the liquidations, the wallet's overview displayed $21,787.78 held entirely in USDC spot, with subsequent snapshots indicating modest adjustments between $22,600 and $27,716. On-chain records from the platform show the account had accumulated more than $15.78 billion in lifetime trading volume and held an all-time combined PnL of -$36.69 million, down from an earlier peak profit of $44.84 million.[3][6][7][9]
Despite the massive drawdown, the trader reportedly returned to the market almost immediately. CryptoSlate reported that seven minutes after the forced sales, the wallet reopened a new long position of 2,500 ETH, while Arkham observed a remaining $752,000 ETH long backed by $19,800 in margin.[2][9][10]
Key facts
- Trader Machi Big Brother's Hyperliquid account dropped from a peak of $12.25 million to approximately $21,800 after extensive liquidations on ETH-USD positions.
- The account had reportedly grown from $56,000 to over $12 million across four months of high-leverage trading prior to the crash.
- Hyperliquid records show four forced liquidation sales totaling 1,650 ETH executed at prices between $2,331.50 and $2,379.95.
- The tracked wallet's dashboard showed an all-time combined PnL of -$36.69 million on total trading volume exceeding $15.78 billion.
- Arkham reported that the trader held a $752,000 ETH long with $19,800 in margin remaining after the initial liquidations, while CryptoSlate noted a new 2,500 ETH long position opened minutes later.
Sources · 10 sources
- CY
Crypto Yuhanis@cryptoyuhanisPost on X ·
🤯 $56K → $12.25 MILLION → $22.6K Machi Big Brother turned $56,000 into $12.25M in just 4 months… only to lose almost everything. His ETH positions were reportedly liquidated, leaving just $22,600 in his wallet. From millionaire to nearly zero. 💀 In crypto, making millions is one thing. Keeping them is another.
Open source - CR
CryptoSlateArticle ·
Machi loses $269,000 on ETH, then opens another long seven minutes later Hyperliquid force-liquidated 1,650 ETH early on Oct. 15, and the tracked wallet held a new 2,500 ETH long by 13:16 BST. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Open source - CO
Coinkolik@CoinkolikPost on X ·
4 ayda 56 bin dolarını 12,25 milyon dolara çıkardı, ardından neredeyse hepsini kaybetti! Kripto yatırımcısı Machi Big Brother'ın Ethereum işlemlerindeki pozisyonları tamamen tasfiye edildi. Cüzdanında yalnızca 22.600 dolar kaldı. https://t.co/F9BUUKK8Mf
Open source - HÖ
Hala_Öğreniyorum@Knowledge_ilkerPost on X ·
🚨 KRİPTODA #220KAT KAZANDI, SERVETİNİ SAATLER İÇİNDE KAYBETTİ Kripto dünyasının en çarpıcı hikâyelerinden biri! 📉 🐋 Tayvanlı kripto yatırımcısı Jeffrey Huang (Machi Big Brother), iddialara göre 56.000 dolarlık sermayesini 4 ayda 12,25 milyon dolara çıkardı. 📊 RAKAMLARLA YÜKSELİŞ VE ÇÖKÜŞ: 💰 Başlangıç sermayesi: 56.000 $ 🚀 Ulaştığı zirve: 12.250.000 $ 📉 Tasfiye sonrası kalan: 21.800 $ ⚠️ Peki, ne oldu? 🔴 ETH üzerinde yüksek kaldıraçlı LONG pozisyonlar açtı. 🔴 ABD'den gelen beklentilerin üzerindeki enflasyon verileri piyasada satış baskısını artırdı. 🔴 Ethereum'daki sert düşüş, pozisyonların likidasyonuna yol açtı. #Bitcoin #Ethereum #Kripto #Finans
Open source - LO
Lookonchain@lookonchainPost on X ·
Machi(@machibigbrother) just got fully liquidated! Over the past 4 months, Machi turned just $56K into $12.25M through trading, and now he is back down to $21.8K. What a roller coaster! https://t.co/mQLVsDGoSP https://t.co/1qFOe7jMJ3
Open source - AR
Alan Rogers@alanrog3Post on X ·
Machi trading roller coaster is unreal. He reportedly turned just $56K into $12.25M in four months, only to see his account drop back to around $27K after a series of liquidations. From millions to almost starting over, a brutal reminder of how quickly leverage can wipe out even massive gains. Making millions is one thing. Keeping them is another. https://t.co/R7Xk3oKkAV
Open source - TI
Trenches Insider@TrenchesInsidrPost on X ·
JUST IN: MACHI JUST GOT FULLY LIQUIDATED! OVER THE LAST 4 MONTHS, MACHI TURNED $56K INTO $12.25M AND NOW HES BACK DOWN TO $21.8K WHAT A ROLLERCOASTER https://t.co/1YDvzleC5l
Open source - CO
Cointelegraph@CointelegraphPost on X ·
🚨 LATEST: Machi Big Brother has been fully liquidated, leaving him with $21.8K after turning $56K into $12.25M through trading over the past four months. https://t.co/4DQDIHSXIq
Open source - KO
kook@KookCapitalLLCPost on X ·
machi just ate a $12.2m wipeout account peaked at $12.25m, now sitting at $21.8k..... ran $56k up to $12.25m in four months on 25x ethereum:native lifetime pnl on the book is -$36.7m got fully liquidated then opened another long minutes later 😂 leverage does not care who you are this is how legends get farmed
Open source - AR
Arkham@arkhamPost on X ·
MACHI BIG BROTHER: HYPERLIQUIDATED Machi’s account was worth $12.65M 3 weeks ago and is down to $19.8K today. Machi was liquidated overnight as ETH crashed from $2500 to $2300. He has one $752K ETH long left, with $19.8K of margin. Can he make it back? https://t.co/lvtVtTCJd4
Open source