High Stakes: Taiwanese Rapper Jeff “Machi Big Brother” Huang Faces Multi-Million Dollar Crypto Losses Amid Ethereum Leverage Bets
Taiwanese rapper Jeff Huang, widely recognized by his moniker “Machi Big Brother,” has recently drawn significant attention not for his musical endeavors, but for his high-stakes ventures and subsequent setbacks within the volatile cryptocurrency market. October proved to be a particularly challenging month for Huang, prompting netizens to playfully dub him “just another leek”—a common term for retail investors who frequently incur losses in crypto trading.
On-chain data reveals a substantial liquidation event earlier this month, where Huang’s Ethereum (ETH) long position was closed, resulting in a significant loss of $1.57 million. Undeterred by this setback, Huang promptly injected an additional $284,000 into the Hyperliquid platform, signaling a bold re-entry into the market by opening a new ETH long position with a substantial 25x leverage.
According to tracking data provided by blockchain analytics firm Lookonchain, Jeff Huang’s current Ethereum holdings exceed 2,500.14 ETH, valued at approximately $9.69 million. This position was established at an average opening price of $3,785.45, with a critical liquidation price set at $3,718.63.
After getting liquidated, Machi(@machibigbrother) deposited another 284K $USDC into #Hyperliquid to keep longing $ETH!
Current position: 2,300 $ETH($8.8M)
Liquidation price: $3,680.92He’s gone from $44.84M in profits to over $13.7M in losses!https://t.co/fk2wRZjZpx pic.twitter.com/Y533mmMI8V
— Lookonchain (@lookonchain) October 23, 2025
Beyond his substantial Ethereum position, Huang also maintains a long position of 25,000 HYPE tokens on Hyperliquid. This holding is currently valued at approximately $973,000, with an opening price of $38.5083 and a liquidation price of $22.3867.
The cumulative impact of these recent trading activities has been significant. Data from Hyperdash.info indicates a dramatic reversal in Huang’s financial standing, shifting from an initial unrealized profit of $44.84 million to a current floating loss exceeding $13.59 million. This recent downturn compounds earlier reported losses, including a substantial $21.53 million hit from liquidating positions in XPL, ASTER, and PUMP, as detailed in a previous report by Blockcast.
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