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Crypto DeFi

Hyperliquid whale ‘Machi Big Brother’ liquidated again after 4-month run to $12M

Jeffrey Huang, the Hyperliquid whale known as ‘Machi Big Brother,’ was liquidated on Oct. 15, with his account collapsing from $12.25 million back to $21,800. Over the prior four months he had rolled $56,000 in principal into more than $12 million, mostly through 25x leveraged long positions, largely in ETH. His Hyperliquid account’s total P&L now stands at a loss of nearly $34.8 million.

Original source

AI take

The episode is a reminder that Hyperliquid's public leaderboards turn leverage into spectacle, and the same visibility that draws attention to a whale's run also magnifies its unwind. The scale of the reversal — from a multi-million-dollar peak to a near-zero balance — says less about ETH than about how quickly concentrated 25x longs can erase months of gains. Whether this changes how the platform's most-watched traders size positions, or whether copy-trading behavior around such accounts shifts, is the open question.

Generated by AI for reference only.

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