From $44 Million Peak to $30,000 Left — How This Crypto Trader Lost Everything to Leverage

HYPE-3,67%
ETH-0,74%
BTC0,03%

Jeffrey Huang, the Taiwanese-American entrepreneur known as Machi Big Brother, has lost around $75 million through leveraged trading on decentralized perp exchange Hyperliquid over the past six months.

MACHI BIG BROTHER IS DOWN TO HIS LAST $30,000

Machi Big Brother went from being up $44.84M to losing EVERYTHING. He is down a total of $75.19 MILLION in the past 6 months.

Will he ever make it back? pic.twitter.com/lebBmrDpF1

— Arkham (@arkham) March 23, 2026

According to Lookonchain, Huang’s account has endured 335 separate liquidations, earning him the title of “King of Liquidations.” Moreover, data from Hyperdash showed that his total profits peaked at $44.8 million in September 2025. However, his account shows a loss exceeding $30 million.

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“This is brutal to watch, dude went from peak euphoria to near zero fast. I’ve seen big wins disappear when risk management gets ignored completely people think size saves you, it actually amplifies every bad decision hard $75M gone just proves this market humbles everyone eventually coming back is possible, but only if he fixes the same mistakes,” Trader Joe wrote.

On-chain data showed that his account only had $30,268 left. Nonetheless, Arkham Intelligence reported that he added another $500,000.

“After losing over $75 MILLION – Machi Big Brother added another $500K to his account, and relonged $11.5 MILLION of ETH,” the post read.

At press time, Machi Big Brother held two open positions. These included 5,350 ETH and 8,000 HYPE. Both positions were showing unrealized losses.

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Machi Big Brother Hyperliquid Portfolio. Source: Hyperdash

Huang’s approach drew parallels to James Wynn, another high-profile Hyperliquid trader. Wynn’s leveraged trades on Hyperliquid pushed his profits to a peak of $87 million in May 2025. However, large liquidations sharply reduced his overall gains. Wynn has since returned to Hyperliquid multiple times.

Due to a sudden spike in $BTC, James Wynn(@JamesWynnReal)'s short has been fully liquidated!

It seems that no matter if he goes long or short, he ends up getting liquidated. pic.twitter.com/crtYupgXh1

— Lookonchain (@lookonchain) March 23, 2026

Both traders share a pattern of extreme conviction and repeated re-entries. Their journey highlights the double-edged nature of leverage in crypto markets, where outsized gains can quickly turn into devastating losses.

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