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Trader 'Machi' Suffers $54 Million Loss in 30 Days, Holding Large ETH Position

Trader 'Machi' Suffers $54 Million Loss in 30 Days, Holding Large ETH Position

After reducing his ETH holdings by 1,590 ETH, Machi now holds 585 ETH, valued at $2.335 million, as part of his ongoing strategy in a volatile market.

ETH

Fact Check
Multiple credible sources confirm that trader 'Machi' (also known as Machi Big Brother or Jeffrey Huang) held a large ETH position and suffered substantial, escalating losses. One source from September 2025 explicitly states his total losses exceeded $45.3 million. While the exact figure of $54 million and the 30-day timeframe are not precisely verified by the provided articles, the evidence strongly corroborates the core claims of a massive loss in that range for this specific trader and his positions.
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Summary

Trader 'Machi' (Jeff Huang) decreased his Ethereum (ETH) long position by 1,590 ETH, resulting in a loss of approximately $246,000. Following this, he holds 585 ETH worth $2.335 million with a liquidation price of $72.78. Earlier, he added 25 ETH at $4,002.5. These moves reflect his attempts to navigate through recent market volatility.

Terms & Concepts
  • ETH Long Position: A trading strategy where an investor buys Ethereum expecting its price to rise, aiming for profit from future higher sales prices.
  • Liquidation Price: The specific price at which an exchange will automatically close a leveraged position to prevent further losses.