Machi Big Brother’s $15 Million Liquidation Highlights Risks of High-Leverage Trading on Decentralized Platforms

Jeffrey Huang, better known as Machi Big Brother, has suffered a full liquidation loss in the crypto market, losing an estimated $15 million from a leveraged trading position. The incident highlights the volatility and potential risks associated with high leverage trading on decentralized platforms, even for experienced investors. The loss stemmed from a highly leveraged long position in Ethereum (ETH) and other volatile assets on Hyperliquid, resulting in its forced liquidation when market prices dropped sharply.