Jeffrey Huang, known on-chain as Machi Big Brother, has faced significant liquidations due to the recent market downturn. Reports indicate he was forced to reduce positions, resulting in a cumulative loss of approximately $1.36 million over the past 24 hours across HYPE, BTC, and ETH trades.
Despite recent capital injections to support his margin, the sharp drop in Ethereum prices triggered partial liquidations. He currently maintains a remaining long position of roughly 3,300 ETH ($9.4 million) with a liquidation price adjusted to around $2,831.