Arkham Says Machi Big Brother Trading Account Lost $4.42 Million This Week

According to Arkham and Lookonchain, Machi Big Brother’s account suffered steep recent losses and earlier partial liquidation, but still holds roughly $30.9 million in leveraged ETH and BTC long positions.

BTC
ETH

Summary

According to Arkham (blockchain analytics platform), Machi Big Brother’s trading account lost $4.42 million this week and fell 77% in four days, while cumulative losses over the past 7.5 months reached $75.6 million. Lookonchain separately reported a $3.29 million loss over the past week after a broader market pullback and partial liquidation. Updated position data from Lookonchain shows the account still holding about $30.9 million in long exposure: 8,500 ETH worth $19.31 million with a liquidation price of $2,197.95, and 152 BTC worth $11.59 million with a liquidation price of $72,161.47. The two analytics platforms differ on the recent weekly loss figure, but both indicate that long ETH and BTC positions remain open.

Terms & Concepts
  • Liquidation price: The price level at which a leveraged position may be forcibly closed because the trader no longer has enough collateral to maintain it.
  • Long positions: Trades that profit if an asset’s price rises and lose value when the price falls.
  • BTC: The ticker symbol for Bitcoin, the largest cryptocurrency by market value.