Crypto Whale Machi Big Brother Adds $500k Despite $75.9 Million Drawdown
Taiwanese-American entrepreneur and former musician Jeffrey Huang, known as Machi Big Brother in crypto circles, has continued to invest despite a significant $75.87 million drawdown from peak levels.
According to on-chain data tracked by Arkham Intelligence, Huang deposited an additional $500,000 in USDC into Hyperliquid, despite being down approximately $75.9 million from his peak profit position.
This move comes after another forced liquidation on Thursday, when on-chain data confirmed his leveraged Ethereum long on Hyperliquid was wiped out, taking cumulative losses on the trade beyond $30.7 million.