Machi Trader Suffers Fifth Liquidation as Market Downturn Accelerates

TokenomicsTinfoilHat · 2026-02-07T17:07:45+00:00

Machi Big Brother, a notable trader, faced significant losses in the cryptocurrency market, totaling $24.18 million from multiple forced liquidations. Despite still holding 2,200 ETH, his position is precarious as market volatility poses a constant risk of further losses.

TokenomicsTinfoilHat

2026-02-07 17:07:45

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The cryptocurrency market continues to wreak havoc on leveraged traders, with “Machi Big Brother” (Huang Licheng) experiencing another brutal day. According to on-chain monitoring data from lookonchain, the high-profile trader faced multiple forced position closures, marking an extension of an already devastating losing streak.

Mounting Losses in a Single Day

The latest liquidation marks the fifth occurrence for Machi Big Brother in a single trading session. Chain data reveals the trader’s cumulative losses have now ballooned to $24.18 million, reflecting the severe cost of maintaining aggressive long positions in the current bearish environment. Each liquidation represents not just a financial loss, but a compounding psychological and strategic setback as market volatility continues to punish overleveraged bets.

The Remaining Exposure

Despite today’s cascade of forced closures, Machi still maintains an active position on the market. Current holdings show 2,200 ETH being held at 25x leverage, worth approximately $6.67 million at current prices. However, this position hangs precariously close to danger—the liquidation trigger sits at just $2,991.43 per ETH, leaving minimal room for further downside movement before another wipeout scenario could unfold.

The persistence of these large-scale liquidations underscores the high-stakes nature of extreme leverage trading and serves as a cautionary tale about risk management in volatile market conditions.

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