The 'King Of Liquidations' Gets Liquidated Again — Machi Big Brother Has Just $100K Left, Arkham Reports

• Arkham Intelligence reported on Saturday that Machi Big Brother’s Hyperliquid account balance fell to roughly $141,000 after another liquidation.
• The blockchain analytics platform estimated Huang lost nearly $78 million trading perpetual futures over the past six months.
• Huang’s trading activity has drawn comparisons to Hyperliquid trader James Wynn, another high-profile leveraged trader who suffered major losses.

Crypto whale Jeffrey Huang, famously known as “Machi Big Brother,” was liquidated again on Saturday after his Hyperliquid (HYPE) account balance fell to roughly $141,000, according to Arkham Intelligence.

The blockchain analytics platform said that Machi Big Brother had lost nearly $78 million, trading perpetual futures on Hyperliquid over the past six months, following a series of heavily leveraged bets on Ethereum (ETH) and Hyperliquid’s native token. 

On-chain data also showed a wave of transactions tied to Huang’s wallets, including more than $65,000 in USD Coin (USDC) transferred from a Binance (BNB) hot wallet, additional USDC movements involving Circle (CRCL) infrastructure, and multiple Ethereum (ETH) transfers linked to Binance deposits, Uniswap routing activity, and OpenSea-related wallets. The transfers showed active asset reshuffling as positions continued unwinding across platforms.

Hyperliquid’s price slipped almost 9% over the past 24 hours, after reaching an all-time high on Thursday.  On Stocktwits, the retail sentiment around HYPE remained in the ‘extremely bullish’ zone, while chatter around it stayed in ‘extremely high’ levels over the past day.

High-Leverage Bets Continue

Huang earned the title "King of Liquidations" after suffering over 335 liquidations, including a record-breaking cluster of 262 in January, racking up nearly $76 million in realized losses on aggressive, high-leverage Ethereum longs. His dramatic reversal began in September last year, when he earned $44.8 million in profit on Hyperliquid, only to lose it all and more through repeated leveraged bets that backfired. 

Huang’s risk trading cycle has also drawn comparisons from other leveraged traders on Hyperliquid. James Wynn, who lost $100 million on the platform last year before continuing to pursue aggressive, high-leverage strategies, described himself and Machi Big Brother as “the two biggest traders in crypto,” citing their combined billions in trading volume and extreme swings between massive profits and liquidations.

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