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Machi Big Brother Liquidates Leveraged ETH Long After Losses
11/24/2025, 03:06
AI SUMMARY
●• Prominent trader Machi Big Brother loses ~$1.2M on ETH long position
●• Position reduced to negligible size after sustaining weekly losses
●• Highlights risks in current market conditions for over-leveraged trades
Prominent crypto whale Jeffrey Huang, known as 'Machi Big Brother,' has significantly reduced his market exposure after suffering losses. On-chain monitoring indicates he incurred a loss of over $1.2 million in a single week on a 25x leveraged Ethereum long position.
Following a partial reduction of his holdings, his active long position has been cut down to just 1 ETH. This capitulation highlights the risks faced by high-leverage traders in the current choppy market environment.