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Machibigbrother Suffers $25.88M Loss in Leveraged ETH Liquidation

Onchain Lens reports Machi Big Brother’s 25x leveraged Ethereum long was fully liquidated in a market drop before he reopened a similar high-risk position.

ETH

Summary

On January 30, 2025, blockchain analytics platform Onchain Lens reported that crypto trader Machi Big Brother’s 25x leveraged Ethereum (ETH) long position was fully liquidated during a market decline. The total losses from this and prior trades have now surpassed $25.88 million. Undeterred, he immediately opened another identical high-leverage ETH long position, maintaining exposure to extreme market volatility.

Terms & Concepts
  • Leveraged Position: A trading strategy that uses borrowed funds to amplify exposure to an asset, increasing both potential gains and potential losses.
  • Liquidation: The forced closure of a leveraged position when losses exceed margin requirements, often triggered by sharp market moves.
  • Ethereum (ETH): A leading blockchain platform supporting smart contracts and decentralized applications, with its native cryptocurrency called Ether.