"Machi Big Brother" liquidated again, cumulative losses on Hyperliquid reach $37.4 million

Machi Big Brother, the Taiwanese-American crypto investor also known as Jeffrey Huang, was liquidated again on Hyperliquid after selling 15 NFTs for $223,000 over roughly four days at a realized loss of $505,000, with the proceeds wiped out shortly after. His cumulative losses now stand at $37.4 million on Hyperliquid and $909,000 on Papertrade, according to Lookonchain tracking data. The repeated liquidations highlight the outsized risk of leveraged perpetual futures trading on decentralized venues, where sharp price moves can erase positions quickly. Traders will be watching whether Machi adds fresh collateral or scales back his Hyperliquid exposure, and whether the liquidations add further selling pressure to the affected tokens.