Key Takeaways
- Machi Big Brother reportedly reopened a leveraged Ethereum trade minutes after it was liquidated.
- His account fell from a peak of $12.25 million to approximately $21,800.
- Other standout losses this year include a $250 million ETH bet and a disastrous $50 million token swap.
Crypto influencer Machi Big Brother reportedly returned to betting on Ethereum just 25 minutes after liquidations left his Hyperliquid account with approximately $21,800.
The devastating reversal puts Machi among the subjects of some of 2026’s most dramatic crypto trading stories, alongside Andrew Tate, James Wynn, and a whale whose Ethereum position reportedly incurred a $250 million loss.
1. Machi Big Brother: A $12 Million Run Ends With Another Ethereum Bet
Jeffrey Huang, the former musician known as Machi Big Brother, had grown approximately $56,000 into $12.25 million over four months, according to Lookonchain’s Oct. 15 update.
By the time the tracker reported his liquidation, approximately $21,800 remained —representing a decline of roughly 99.8% from the peak.
There had been attempts to preserve the account.
An earlier Lookonchain update described Machi was reducing positions as its value fell to approximately $129,000.
Yet the liquidation did not end the trading.
Machi opened a fresh 25x Ethereum long roughly 25 minutes later. The position represented 290 ETH, with a reported liquidation level near $2,324.
The collapse followed a string of earlier setbacks.
CCN previously reported that Machi had accumulated approximately $74-$75 million in realized trading losses over six months, repeatedly replenishing his account despite heavy liquidations.
2. Hyperunit Whale: A $250 Million Ethereum Loss Leaves $53
The trader known as the Hyperunit whale suffered a much larger dollar loss in January.
According to Arkham’s Jan. 31 update, the trader exited an Ethereum position, realizing approximately $250 million in losses. Just $53 remained in the Hyperliquid account.
The reversal followed an exceptionally profitable episode in October 2025, when the whale reportedly made approximately $200 million shorting crypto ahead of the tariff-driven market crash.
By mid-January, the ETH long had exceeded $730 million in notional exposure.
The account has been linked by analysts to former BitForex CEO Garrett Jin.
However, Jin previously denied that the funds were his, saying they were his clients’ money.
3. The $50 Million Aave Swap That Returned About $36,000
One of the year’s most striking losses did not require a prolonged market crash.
On March 12, an anonymous user exchanged around $50.4 million in aEthUSDT for roughly $36,000 in aEthAAVE through a CoW Swap-powered interface on Aave.
The transaction became a high-profile example of how trade execution can destroy value even without a leveraged liquidation.
It led both teams to provide different explanations.
Aave’s post-mortem emphasized inadequate liquidity and noted that the user acknowledged a warning indicating a 99.9% price impact.
“The primary root cause was the routing of a large trade through a market with poor liquidity, leading to an extreme price impact,” it wrote.
CoW Swap’s account identified additional problems, including a stale gas limit that rejected better quotes and failures by a trade-execution provider to complete more favorable transactions.
Following the incident, Aave announced a protection feature that, by default, blocks swaps with price impacts above 25%.
4. James Wynn: Another Crypto Liquidation Leaves Just $900
James Wynn’s April crypto wipeout showed that betting against Bitcoin can be just as punishing as betting on a rally.
On April 6, Arkham reported that Wynn had been liquidated while shorting BTC, leaving his account with approximately $900.
Lookonchain separately said he had suffered six liquidations in two weeks.
Bitcoin had moved against the bearish position, rallying above $70,000 during the episode.
Arkham contrasted the remaining balance with an earlier $100 million figure associated with Wynn.
At the time, reports stated a $20 million total profit-and-loss figure for Hypurrscan.
5. Andrew Tate: Eight Crypto Liquidations in 16 Hours
Andrew Tate’s June trading losses were smaller in dollar terms but unusually concentrated.
As CCN reported on June 18, Lookonchain recorded eight crypto liquidations in 16 hours, leaving approximately $14,219 in his tracked Hyperliquid account.
Tate had deposited roughly $100,000 USDC, implying a decline of nearly $86,000.
He initially bet on Bitcoin rising, opening a position with approximately $3.8 million in market exposure at 40x leverage.
When Bitcoin fell, the position suffered liquidations. Tate then reversed course, opening a roughly $1 million short.
That bet also unraveled when the price turned against him, triggering another forced closure.
CCN’s reporting also highlighted earlier losses approaching $800,000.
Arkham said Tate had exhausted more than $727,000 in deposits without making any withdrawals and had also lost referral rewards.
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Kurt Robson is a London-based reporter at CCN, specialising in the fast-moving worlds of crypto and emerging technology. He began his career covering local news in Cornwall after graduating from Falmouth University with First Class Honours in Journalism. There, he cut his teeth on everything from council meetings to missing swans.
He quickly rose through the ranks to become a frontline journalist at several of the UK’s leading national newspapers. Over the years, he has interviewed musicians and celebrities, reported from courtrooms and crime scenes, and secured multiple front-page exclusives.
Following the upheaval of the COVID-19 pandemic, Kurt shifted his focus to technology journalism—just ahead of the AI boom. With a natural curiosity and a trained eye for emerging trends, he has found a new rhythm in reporting on innovation.
At CCN, Kurt's work focuses on the cutting edge of crypto, blockchain, AI, and the evolving digital world. Drawing on his background in people-first reporting and his deep interest in disruptive tech, Kurt delivers stories that are insightful, entertaining, and human-centric.
