Taiwanese crypto trader Machi Big Brother has taken another major hit in the volatile Ethereum market. After a $500,000 USDC deposit on Hyperliquid, a market dip wiped out his Bitcoin and ETH longs, leaving his account at just $138,000. Undeterred, he immediately opened a new 25x leveraged long on 1,600 ETH worth $3.3 million, currently showing a $16,000 unrealized loss as ETH trades near $2,075. Nicknamed the “King of Crypto Liquidations,” he has endured over 300 wipeouts, with total losses surpassing $75 million.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The ZEC price came roaring back on July 7, climbing 16% intraday after rebounding from…
The ONDO price has spent months frustrating impatient traders, but the latest ecosystem upgrade is…
Tether, the issuer of the world's largest stablecoin, USDT, is making another major expansion move.…
The crypto market may be sitting on a fragile foundation. According to a recent market…
Story Highlights The live price of the Near Protocol token is . Price predictions for…
Wall Street’s growing appetite for Ethereum-linked companies is giving BMNR stock a fresh catalyst. BitMine…
