Huang Licheng, known as Machi Big Brother, was liquidated 10 times within eight hours, according to Lookonchain, leaving the account with about $52,000. He then increased his ETH long position to 1,075 ETH, worth about $1.71 million, with a liquidation price of $1,560.81. Separately, Arkham monitoring cited in reports indicated he has posted about $80 million in losses trading perpetual contracts on Hyperliquid over the past year. Odaily said the latest liquidation was the first time he did not immediately add funds afterward, highlighting the risks of leveraged crypto trading.