Wealthy trader Jeffrey Huang, known by the pseudonym Machi Big Brother, went broke trading Ethereum, but that didn’t stop him.
Research platform Arkham reported that Huang had incurred a realized loss of $74 million over the past six months due to highly leveraged long ETH positions on the Hyperliquid perpetual futures exchange. Specifically, he entered a long position in September 2025, when kriptovalyuta It cost around $4,700, but now its price barely exceeds $2,000.
A miscalculation in predicting the direction of Ethereum’s price movement resulted in huge financial losses for Jeffrey, but he didn’t despair and continued to pursue his strategy. As the editorial team discovered Happy Coin News, on the night of March 2-3 Juan translated 250,000 USDC stablecoins (USDC) on Hyperliquid and used them to fund a $4,3 million long ETH position with a massive 25x leverage.
Information about Jeffrey’s open position to buy Ethereum
Machi Big Brother takes a significant risk when going long during a long-term bearish trend. He’s clearly hoping for a continuation of the ETH market uptrend that began on March 2. However, historical data suggests the cryptocurrency’s price will fall in March. Juan’s position will be liquidated if the asset’s price drops to $1,984, causing him to lose money again. Incidentally, his long position has already caused him a loss of $53,562.