Machi Big Brother Faces Over $25 Million Loss from ETH Leveraged Trades

Onchain Lens reports Huang Licheng’s repeated 25x leveraged Ethereum long positions suffered full and partial liquidations, leading to cumulative losses exceeding $25 million.

ETH

Summary

Onchain Lens disclosed that Huang Licheng, known as Machi Big Brother, saw his 25x leveraged Ethereum (ETH) long positions fully and partially liquidated as market prices fell. His most recent fully liquidated position was followed by another 25x ETH long that faced partial liquidation. These leveraged trades have driven his total losses beyond $25 million.

Terms & Concepts
  • 25x ETH long: A leveraged trade betting on Ethereum price increases, magnified 25 times the trader’s margin.
  • Liquidation: The forced closure of a leveraged position when losses exceed the trader’s margin.
  • Hyperliquid: A cryptocurrency trading platform offering high-leverage derivatives and perpetual futures.