Machi Big Brother: $71M Down the Hyperliquid Hole!

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Oh, the folly of leverage! Machi Big Brother, the crypto wizard with a knack for turning digital gold into digital dust, has managed to lose nearly $71M in four months. Hyperliquid’s high-wire act proved too much for his ETH tightrope walk.

Jeffrey Huang, aka Machi Big Brother (or should we say Machi Big Spender?), has once again demonstrated that crypto markets are no place for the faint-hearted-or the fiscally prudent. After months of what can only be described as a masterclass in how not to trade, Huang’s pockets are lighter, and the internet is heavier with memes.

Decentralized exchanges have been having a field day with Huang’s repeated liquidations, tied to his leveraged Ethereum positions. It’s like watching a magician pull rabbits out of a hat, except the rabbits are dollars, and they’re vanishing faster than a Discworld wizard’s sanity.

Hyperliquid: The Sinkhole of Dreams

Huang’s recent misadventures are mostly courtesy of Hyperliquid, the decentralized exchange that’s become his personal financial black hole. Since the market took a nosedive on October 11, 2025, his positions have been liquidated 145 times. That’s more liquidations than a bartender at a dwarf wedding.

November 2025 was particularly brutal, with 71 liquidations as Ethereum prices did the financial equivalent of the Riverdance. By mid-October, Huang had already lost $53.8 million. Because, you know, why stop at a small fortune when you can lose a large one?

Machi Big Brother: The Liquidation King

In late January 2026, Ethereum decided to take another plunge, and Huang’s positions followed suit. According to NS3, 2,200 ETH went up in smoke, resulting in a $24.18 million loss. That brings his total losses to nearly $71 million in four months. TedPillows summed it up perfectly:

Machi Big Brother got liquidated again.

In just 4 months, he has lost nearly $71,000,000.

– Ted (@TedPillows)

Ethereum prices dropped, and the automated systems did what they do best: close leveraged positions with the ruthlessness of a Ankh-Morpork tax collector.

Leverage: Because Why Not Gamble Harder?

According to Onchain Lens, Huang (or @machibigbrother, as he’s known on X) was fully liquidated on a 25x leveraged long position in ETH. Because, clearly, 1x just isn’t exciting enough. Shortly after, he opened another 25x leveraged long position. Because if at first you don’t succeed, try, try, try to lose more money.

As the market dropped, Machi was completely liquidated on his 25x long position, but Machi again opened another 25x long position.

Machi’s losses have now exceeded $25.88M. The question is: how much money does someone have to burn like this?…

– Onchain Lens (@OnchainLens)

Following these shenanigans, Huang’s cumulative losses now stand at over $25.88 million. At this rate, he’ll be giving Master Li from Interesting Times a run for his money in the “worst financial decisions” category.

Related Reading: $25M in Losses: Machi Liquidated for 1,000 ETH After Market Drop

Market Conditions: A Perfect Storm of Oops

Huang, also known as Huang Licheng, continues to play with fire in the form of high-risk trading strategies. His losses coincide with Ethereum’s price fluctuations, which have been about as stable as a wizard’s temper. Decentralized exchanges, with their automated liquidation systems, have been more than happy to oblige when margin requirements aren’t met.

As of late January 2026, there’s no sign of Huang reducing his leverage. Market participants are watching his wallet activity like a troll watches a bridge toll, waiting for the next dramatic liquidation.

In the words of the great Cohen, “It’s not the fall that kills you; it’s the sudden stop at the end.” Here’s hoping Machi Big Brother finds a softer landing-or at least a bigger parachute.

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2026-01-31 11:05