Maji Brother lost 42 million USD in 20 days! The account profit is only 1 million, still holding 150 million long order.

Machibigbrother has recently incurred unrealized losses of 42 million USD, almost completely pulling back his previous profits, leaving only 1 million USD in profit… (Background: Machibigbrother opened a long position on XPL with 10x leverage, currently facing unrealized losses of over 20 million USD on Hyperliquid) (Supplementary background: Machibigbrother is the king of long positions! Currently the largest longer on Hyperliquid for ETH and XPL, with unrealized losses exceeding 13 million USD) According to on-chain data monitoring team MLM on the night of October 9, well-known crypto investor Machibigbrother, Huang Licheng, lost 42 million USD in just 20 days, almost entirely pulling back his previous profits, and currently has only 1 million USD left in account profit, which can be said to be a complete loss: After the account profit reached 44 million USD on September 19, Machibigbrother has now almost completely pulled back all the funds in the account, leaving only 1 million USD in profit. He lost 42 million USD in 20 days and still holds nearly 150 million USD in long positions, with a leverage ratio of 14.7. Long positions in XPL face defeat Recently, besides regular operations in ETH and HYPE, Machibigbrother has also traded XPL tokens multiple times. However, after the token caused a sensation due to a massive airdrop effect, the price has dropped from 1.69 USD to 0.748 USD at the time of writing, which is one of the main reasons why Machibigbrother has suffered recently. Investment insight: High returns require risk management discipline Machibigbrother often engages in high-leverage operations during this bull run, previously making tens of millions of dollars in profit. However, after this profit pullback, the most straightforward lesson for investors is: margin trading is not entirely taboo, but risk management must come first. First, set strict stop loss points to lock potential losses within an acceptable range; second, avoid over-concentrating on a single asset, especially low market cap coins with insufficient liquidity; third, continuously assess platform technology and margin levels to reduce liquidation risks caused by non-market factors. Huang Licheng's story from a wealth myth to massive unrealized losses, though dramatic, reminds market participants again: in the wildly fluctuating crypto world, high leverage is like dancing on the edge of a cliff; only by respecting the market and adhering to discipline can one avoid having profits disappear overnight. Related reports Bitcoin falls below 113,000 USD “Get Liquidated 1.6 billion USD”, Machibigbrother suffers a painful loss of 18 million USD on long positions Machibigbrother's Ethereum long position has unrealized gains of 5 million USD, bravely withstanding 800,000 USD in fees, earning praise from the community: Machibigbrother is indeed stable! Machibigbrother is long on Ethereum with 125 million USD at 25x leverage, currently facing unrealized losses of 1.8 million USD, still holding long positions in HYPE, BTC, and PUMP. This article was first published in BlockTempo, the most influential blockchain news media.