Machi Big Brother’s Crypto Rollercoaster: Jeffrey Huang’s Multi-Million Dollar Liquidation Streak on Hyperliquid

Taiwanese rapper and prominent crypto personality, Jeffrey Huang, widely known as “Machi Big Brother,” has recently garnered significant attention not for his music, but for his tumultuous journey in the volatile world of cryptocurrency trading. Despite his fervent engagement in the crypto market, recent months have seen Huang repeatedly face massive liquidations, earning him the stark moniker “The Liquidation King.”

A Trail of Losses: Over $13 Million Evaporates

Since October of last year, on-chain data reveals that Jeffrey Huang has channeled approximately $13.16 million USD into the Hyperliquid platform. However, this substantial investment has been met with a near-unbroken streak of losses. His account, once a testament to significant holdings, now stands at a mere $53,000 USD. This dramatic decline paints a stark picture of the high-stakes, high-risk nature of leveraged crypto trading.

The “Liquidation King” Strategy: Aggressive Leverage and Relentless Re-entry

Huang’s trading strategy is characterized by its aggressive nature, frequently employing 25x leverage on long positions for both Ethereum (ETH) and Hyperliquid’s native token, HYPE. This high-risk approach, while offering the potential for amplified gains, has consistently led to a devastating cycle: “adding to positions > liquidation > topping up funds.”

His trading history is punctuated by staggering figures: a record 71 forced liquidations in a single month, and a cumulative total of 252 liquidations to date. This relentless cycle of loss and re-investment underscores the immense pressure and rapid capital erosion inherent in highly leveraged trading.

From Peak to Precipice: A 99% Decline

The latest blow to Huang’s portfolio occurred recently. On Monday, on-chain data shows he deposited another $250,000 USD in USDC. Yet, his long positions on ETH and HYPE were swiftly liquidated again on the evening of January 3rd. This event further reduced his account balance to the current $53,000 USD.

This figure is particularly striking when compared to his account’s peak of $50.39 million USD recorded in September of last year. The subsequent collapse represents a staggering reduction of over 99%, illustrating a monumental loss of wealth within a relatively short period.

Current Positions Under Scrutiny

As of the latest reports, Jeffrey Huang still holds several leveraged positions:

• Ethereum (ETH): 80 ETH, valued at approximately $180,000 USD. Opened at an average price of $2,345.1 USD, with a liquidation price set at $2,261.9 USD.
• HYPE Token: 16,000 HYPE tokens, valued at approximately $540,000 USD. Opened at an average price of $34.739 USD, with a liquidation price set at $33.347 USD.