- Jeffrey Huang closed his Ethereum positions after losing heavily.
- The market downturn affected major cryptocurrencies.
- Community discusses risk management and leverage dangers.
Jeffrey Huang, known as “Machi Big Brother,” incurred a $6.21 million loss on leveraged Ethereum positions, closing all such trades amid a broader crypto market downturn. On-chain analytics, including @lookonchain, confirm the substantial impact on ETH and BTC.
Jeffrey Huang, also referred to as “Machi Big Brother,” recently incurred a loss of $6.21 million on his highly leveraged Ethereum positions. Amid rising market volatility, Huang’s decision to close his positions has drawn widespread attention.
Widely known for his high-risk strategies, Huang’s actions contribute to market uncertainty, particularly during elastic periods. Tracking Huang, lookonchain reported a significant loss, highlighting Huang’s influence on the crypto landscape.
Such large-scale liquidations disturb normal trading activities, causing volatility spikes. This market reaction further underscores the perils associated with high-leverage trading practices in a tumultuous market environment.
The financial implications of Huang’s trades were confined to personal loss, with no evidence pointing to institutional involvement. Despite increased regulatory scrutiny on crypto, no official actions were reported targeting Huang’s trading strategy.
“Machi Big Brother’s long positions in BTC and ETH are down more than $5.4 million following the recent market crash.” – @lookonchain
Historical analyses reveal that similar trading patterns by large market players often result in significant ripples within the market. Huang’s trading choice has amplified discussion around improved risk strategies among investors.
About the author
Puffer Finance Website and Social Media Hacked
Puffer Finance's website and social media were hacked on August 20, 2025, with no funds affected. Users urged to suspend interactions.
Stellar Foundation Invests in Archax to Tokenize Real Assets
The Stellar Development Foundation has invested in UK-based Archax to promote the tokenization of real-world assets on the Stellar blockchain.
Fed’s Michelle Bowman Advocates Limited Crypto Ownership for Fed Staff
Fed's Michelle Bowman supports Fed staff holding small crypto amounts to improve regulatory expertise.
BitMine Expands Ether Holdings with $220 Million Purchase
BitMine increases ETH holdings to 1.58M ETH, now valued at $6.6 billion.
Jeffrey Huang Loses $6.21 Million on Ethereum Longs
Jeffrey Huang, known as 'Machi Big Brother,' closed all Ethereum long positions after losing $6.21 million.
Meta Restructures AI Division for Strategic Growth
Mark Zuckerberg restructures Meta's AI division, focusing on superintelligence labs, product development, and infrastructure, to better compete with industry rivals.
Related
Puffer Finance Website and Social Media Hacked
Puffer Finance's website and social media were hacked on August 20, 2025, with no funds affected. Users urged to suspend interactions.
Stellar Foundation Invests in Archax to Tokenize Real Assets
The Stellar Development Foundation has invested in UK-based Archax to promote the tokenization of real-world assets on the Stellar blockchain.
Fed’s Michelle Bowman Advocates Limited Crypto Ownership for Fed Staff
Fed's Michelle Bowman supports Fed staff holding small crypto amounts to improve regulatory expertise.
BitMine Expands Ether Holdings with $220 Million Purchase
BitMine increases ETH holdings to 1.58M ETH, now valued at $6.6 billion.
Meta Restructures AI Division for Strategic Growth
Mark Zuckerberg restructures Meta's AI division, focusing on superintelligence labs, product development, and infrastructure, to better compete with industry rivals.
Crypto Venture Funding Declines 59% in Q2 2025
Q2 2025 crypto venture funding fell 59% to $1.976B, led by later-stage deals and dominated by U.S. firms.
Be the first to leave a comment