Jeffrey Huang (Machi Big Brother) is facing a historic financial disaster due to the collapse of the cryptocurrency trading market. According to recent Arkham Intelligence data on the chain, Huang has done just that lost $4.4 million out of his trading account in less than a week; This represents a reduction of 77% of the value lost in just four days of trading. This collapse is one of many that have occurred over the past seven and a half months, with Hwang’s portfolio losing a total of $75 million during this time period.
The King of Elimination strikes again
Huang has been a high-risk trader for a long time; He frequently uses leverage ranging from 25x to 40x Ethereum ETH is traded using the decentralized permanent exchange, Hyperliquid. While the trading strategy allowed Hwang to realize unrealized gains of more than $44 million in September 2025; Soon after, there was a market correction that wiped out all of his “genius” trades.
Huang has currently seen over three hundred and thirty-five liquidations of his ETH. This is mainly due to his relentless ability to continue rolling back ETH longer, regardless of all previous failures, which has earned him the title of “Liquidation King” by many in the cryptocurrency community.
High leverage and risk of condemnation
Huang’s death is the result of the harsh mathematical truth that led to his downfall using high leverage. With 25x leverage, a 4% negative price movement results in a complete loss of initial margin. Huang Hu himself faced a difficult situation as the price of Ethereum fell from $4,700 at the end of 2025 to around $1,900 at the beginning of 2026. He was unable to respond due to the “liquidation chain” triggered by the price decline.
Huang constantly transferred USDC to his trading account from his account to support his bullish views. This continued even after he had already suffered significant losses, increasing his overall exposure to market risk.
This will not only expose Hwang to greater risk by continually betting to increase his risk of liquidation, but will also increase his overall financial exposure as a result of adding to his trades. Using high conviction and heavy leverage in a low-volume market can cause short-term price fluctuations to exceed the correct long-term view.
Current market situation and forecasts
Although Hwang suffered a total loss of $75 million, he did not feel discouraged. He currently has long positions with both Bitcoin (BTC) and Ethereum as of May 1, 2026. Having recently notched a short “13-win streak” in April that resulted in profits of around $1.14 million, however, it has been eclipsed by the most recent profit of $4.4 million from last week.
Huang’s plight is a wake-up call to the entire industry about the risks involved in trading in decentralized finance (DeFi) derivatives. Its open on-chain battles provide real-time demonstrations of how dangerous over-leverage can be.
conclusion
The story of Jeffrey Huang going from riches gained through NFT sales to losing $75 million through trading in a matter of days shows the two sides of cryptocurrency, the ability to create and lose wealth using the same method. At this point, there is still uncertainty as to whether Machi Big Brother will be able to recover from these losses. However, its current situation serves as a painful lesson for traders everywhere about how volatile the market can be.
