Machi Big Brother Liquidated: $29M Loss Wipes Out Crypto Whale

ETH-1,07%
BTC-0,91%

Machi Big Brother liquidated after 25x ETH long collapse, with total realized losses reaching $28.95M and account balance near $24.9K.

Machi Big Brother suffered nearly $29 million in losses after high-leverage crypto trades forced a full liquidation of the account.

On-chain data shows that the final liquidation erased almost all remaining equity in the account.

25x Ethereum Long Triggers Final Liquidation

The final event involved a 25x leveraged long position on Ethereum. The position was closed after margin requirements were no longer met.

According to Lookonchain, “Machi has been fully liquidated,” and the remaining balance stands near $24,900.

Total realized losses have reached about $28.95 million. The liquidation followed weeks of pressure as Ethereum prices moved lower.

Public dashboards tracked the account’s shrinking equity in real time.

No One Literary No One but Machi @machibigbrother got completely liquidated on his $ETH (25x) long position and overall he is now losing ~29M.https://t.co/g1yQzBPSb2 pic.twitter.com/KPBSj85TnB

— Onchain Lens (@OnchainLens) February 24, 2026

The Ethereum long exposure made up most of the trader’s portfolio. While positions in Bitcoin and smaller tokens appeared at times, Ethereum dominated overall risk.

As volatility increased, liquidation buffers narrowed and then disappeared.

Repeated High-Leverage Strategy and Margin Additions

Blockchain data indicates a repeated pattern in the trading approach. Machi Big Brother often opened aggressive long positions, usually with leverage around 25x or higher.

When prices moved against the position, additional margin was frequently added.

On-chain observers described the strategy as high-conviction averaging with heavy leverage. This approach can produce gains during strong uptrends.

However, in sideways or declining markets, losses can grow rapidly.

Public dashboards from Lookonchain and Hyperdash showed thin liquidation thresholds. As price swings became sharper, margin cushions weakened.

Once collateral levels dropped below required limits, automated systems closed the positions.

Related Reading: Machi Sells ETH, Doubles Down on BTC: Liquidity Crunch or Bold Bet?

Market Volatility and Account Depletion

The broader crypto market experienced increased volatility during the period.

Ethereum and Bitcoin both saw price declines, which placed pressure on leveraged longs. Open interest across major assets also decreased as traders reduced exposure.

As prices failed to rebound, the account balance fell below $1 million several times. Each drop was followed by partial liquidations. Over time, equity erosion limited the ability to recover.

Machi Big Brother is the crypto pseudonym of Jeffrey Huang, a Taiwanese-American entrepreneur known in digital asset markets.

The recent liquidation marks one of the largest recorded losses tied to the account. On-chain records confirm that no active leveraged positions remain, and the account equity has been nearly depleted.

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