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Machi Big Brother Adds $500K USDC Despite $76M Loss

Crypto trader doubles down after massive losses from high-risk liquidation-prone strategy.

  • Jeffrey “Machi Big Brother” Huang recently added $500,000 to his Hyperliquid account despite being down approximately $75.9 million from his peak portfolio value.
  • On-chain data tracked by Arkham Intelligence shows he has been liquidated over 335 times, earning a social media reputation as the “King of Crypto Liquidations.”
  • His high-risk, Martingale-style trading strategy involves doubling down on long positions during market downturns, which recently led to over $30.7 million in losses on a single leveraged Ethereum trade.

Taiwanese-American crypto trader Jeffrey Huang, known as Machi Big Brother, deposited an additional $500,000 in USDC into the Hyperliquid perpetual futures exchange this week, continuing his strategy amid massive losses. His portfolio has swung from a $44.84 million gain to a net loss of $75.9 million over six months, with 262 liquidations occurring in January alone.

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Consequently, he has earned the title of “King of Crypto Liquidations” on social media platforms. This move followed another forced liquidation on Thursday, where his 25x leveraged Ethereum long was wiped out, causing cumulative losses on that trade to exceed $30.7 million.

His current holdings, according to Arkham data, include 3,300 Ethereum worth $6.76 million, 8 Bitcoin worth $544,000, and 9,888.88 HYPE tokens worth $383,000. All these positions are long bets opened into a falling market.

Meanwhile, the broader cryptocurrency market has seen significant declines, with Ethereum dipping below $2,000 and Bitcoin falling under $67,000. Huang’s approach is described as Martingale-style, where he increases exposure during price drops rather than reducing it.

This high-stakes method has been partially funded through wallets linked to PleasrDAO treasury deposits. However, the strategy previously showed potential when he turned $6 million into $2 million in gains during a single week of trading HYPE tokens in June 2025.

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