Machi Big Brother Lost $75M In 6 Months. Credit: Getty Images.
Share
Key Takeaways
Machi Big Brother has lost around $75 million in six months through repeated high-leverage ETH longs on Hyperliquid.
His latest $11 million liquidation hit during the March 2026 market turmoil, pushing his account near zero again.
Like James Wynn, Machi’s aggressive 25x+ bets and doubling-down style turned massive conviction into legendary liquidation losses.
Machi Big Brother, the Taiwanese-American entrepreneur and former musician whose real name is Jeffrey Huang, was partially liquidated again on Sunday.
He has infamously earned the title “King of Crypto Liquidations” through relentless high-leverage bets on Hyperliquid.
Try Our Recommended Crypto Exchanges
Sponsored
Disclosure
We sometimes use affiliate links in our content, when clicking on those we might receive a commission at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.
On March 22, during a flash crash, Machi suffered yet another blow: a $11 million position was liquidated.
Machi Big Brother gets partially liquidated again. Credit: LookOnchain.
Over just six months, on-chain trackers show that Machi Big Brother has evaporated roughly $74–75 million in realized losses, leaving his trading account teetering near zero on multiple occasions.
The infamous trader has been liquidated more than 250 times in the past six months, reflecting on his poor trading strategy and continued losses.
What makes Machi’s saga so compelling, and a stark warning for retail traders, is not a single blow-up, but a relentless pattern of over-leveraged conviction trades gone wrong.
Since the October 2025 crypto crash, on-chain data reveals more than 145 liquidations on Hyperliquid alone.
He ranks among the platform’s top three most-liquidated “degens,” alongside names like Andrew Tate.
Traders watched in real time as he doubled down aggressively, adding hundreds of thousands in fresh margin from wallets tied to PleasrDAO treasury funds deposited years earlier, only to get chopped again and again.
By early 2026, cumulative realized losses climbed past $28 million in one stretch, with his account balance plunging below $1 million and even dipping to $24,900 after a full wipeout in February.
He kept reloading as partial liquidations became routine. One tracker noted he was just $30,000 away from another total collapse on a $30 million+ position.
By mid-March 2026, the six-month tally had reached approximately $74 million, with some reports citing $75 million crystallized from repeated 25x–40x leveraged ETH longs.
Machi’s wallet snapshot. Credit: LookOnchain.
Machi averaged down on dips, convinced Ethereum would rebound. In sideways or bearish conditions, that approach turned into financial quicksand.
Hyperliquid’s transparent on-chain environment made every loss a public spectacle, fueling memes and cautionary threads across crypto Twitter.
Machi and James Wynn Are Glaring Examples of How Not to Leverage Trade
Machi’s story draws inevitable parallels to James Wynn, another Hyperliquid high-roller who became crypto’s poster child for leverage destruction.
Wynn rose to fame in May 2025 by building a staggering $1.27 billion notional BTC long at 40x leverage, one of the largest public perp positions ever.
At its peak, he held $40 million in unrealized gains. Then BTC dipped below $105,000. In just seven days, the position unraveled, liquidating 949 BTC and erasing roughly $100 million. His account plunged from $90 million to under $5 million, a 94% drawdown.
Like Machi, Wynn was liquidated repeatedly, nine times in one streak, 12 times in 12 hours during another frenzy. He chased momentum on BTC, ETH, PEPE, and DOGE, turning earlier $85 million profits into catastrophic losses.
Both traders embodied the same high-risk ethos: massive conviction, relentless doubling down, and zero regard for risk management.
Both became on-chain celebrities, their every move dissected by Lookonchain and Arkham. And both left trails of liquidations that dwarfed typical retail losses
Wynn’s implosion was explosive and headline-grabbing in a matter of days. Machi’s has been a slow-motion six-month bloodbath, with sustained liquidations over months that are equally devastating.
Both became glaring examples of how not to trade crypto leverage and why risk assessment should be a priority, not social media likes.
Is Machi About To Lose Everything?
While high-leverage traders like Machi and Wynn often top up their balances to avoid liquidations and have restarted multiple times despite hundreds of liquidations over the months, it’s speculative at best to predict whether they will lose everything.
Machi has shown remarkable resilience, pulling fresh capital and clawing back small wins. Yet the pattern, over 145 liquidations, $75 million gone in half a year, repeated full wipes, screams danger.
For traders watching from the sidelines, Machi and James Wynn, before him, serve as live case studies in risk.
High-leverage perps can deliver life-changing wins or total annihilation in a matter of hours. Whether Machi stages a miraculous comeback or finally taps out, his story is a sobering reminder: in the kingdom of crypto liquidations, even kings eventually fall.
Prashant Jha is a seasoned crypto journalist based in Delhi, India, with a Bachelor’s Degree in Computer Science Engineering. Passionate about the evolving world of blockchain and cryptocurrencies, he has been a dedicated voice in the industry since 2018. Prashant’s expertise lies in regulatory reporting, where he unravels complex legal and financial developments with clarity and precision. Before joining CCN in 2024, he honed his craft at Cointelegraph, establishing himself as a trusted name in crypto journalism.
His coverage spans major industry events, including the high-profile collapses of FTX, Three Arrows Capital (3AC), and LUNA, offering readers insightful analyses of their regulatory and market implications. Prashant’s technical background enables him to bridge the gap between intricate blockchain technology and its real-world applications, making his work accessible to novices and experts.
Beyond his professional pursuits, Prashant is an avid music enthusiast, often exploring diverse genres to unwind. A sports lover, he has a particular passion for cricket and frequently engages in discussions about the game. His multifaceted interests and sharp journalistic instincts make him a valuable contributor to CCN, where he continues shaping the crypto landscape's narrative.
