Machi's leveraged ETH account falls from $12.3 million to about $1 million

  • machibigbrother grew roughly $150,000 to $12.3 million through leveraged ETH long positions before losses reduced the account to about $1 million.
  • A reported 20,000 ETH long was valued at approximately $47.98 million, with a $2,380.57 liquidation price and weekly losses exceeding $5 million.
  • ETH rose from roughly $1,900 to $2,500 in August, then traded between $2,400 and $2,600 in September as stop-losses reduced the account.

Jeffrey Huang, known as Machi Brother and identified as machibigbrother and @machibigbrother, grew roughly $150,000 to $12.3 million through leveraged Ethereum longs in August before September stop-losses reduced the account to about $1 million. A later report said he held 20,000 ETH worth approximately $47.98 million, with a reported liquidation price of $2,380.57, and had lost more than $5 million over one week. Earlier Hyperbot data showed 25x ETH and 40x BTC longs alongside $4.42 million in one-day realized and unrealized losses, while blockchain analyst Ember's monitoring, cited by Odaily, said BTC and HYPE longs had been closed.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.