Machi Big Brother racks up $8.7m loss on Hyperliquid trades

Jeffrey Huang, a Taiwanese music celebrity and high-profile digital asset investor mainly known as “Machi Big Brother,” has lost a whopping $8.7 million on his Hyperliquid account in less than two ￰0￱ 13 days ago, Machi Big Brother saw profits of approximately $44 million betting on the price appreciation of the Plasma (XPL) token. However, the price has seen major declines of up to 46%. Now the celebrity is sitting on an unrealized loss of almost $9 million on their 5x leveraged long ￰1￱ position has a liquidation threshold of $0.5366. Machi Big Brother and other whales hold the trade Huang continues to hold the trade, despite it having lost a significant amount of ￰2￱ has already cost him more than $115,000 in funding ￰3￱ also has a 15x leveraged Ether long worth $1.2 million in funding costs, which has about $534,000 in unrealized profit, with a liquidation set at $3,836.

Wallet 0x020.