Machi Big Brother's ETH long falls below $100 million amid position cuts

  • Jeffrey Huang reduced his ETH and BTC long positions.
  • His 25x ETH long holds 39,900 ether worth $95.979 million.
  • Overall floating losses exceed $1.1 million with ROI of -23.02%.

Taiwanese singer Jeffrey Huang, known as Machi Big Brother, has begun cutting his leveraged ether and bitcoin longs after market swings pushed the value of his 25x ETH position below $100 million, Hyperbot data show. He holds 39,900 ETH valued at $95.979 million with an unrealized loss of $1.07 million, and 515 BTC on 40x leverage valued at $39.793 million with an unrealized loss of $42,000. Across both books, floating losses exceed $1.1 million and the return stands at minus 23.02%. The reductions follow an earlier trim flagged by on-chain analyst EmberCN, when ETH traded about $50 from its liquidation price and BTC about $1,800 away, after Huang had scaled capital from $150,000 to a peak of $11 million before a pullback left roughly $4.5 million. He still carries large leveraged exposure in both assets.

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