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Machi Big Brother loses $12.2 million trading fortune in crypto selloff

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Jeffrey Huang, known as Machi Big Brother, saw his Hyperliquid account move from a $56,000 start to a peak above $12 million over four months before it was reduced to about $21,800 after liquidations. One report places that near-total drop on October 15, 2026, and another says four ETH-USD perpetual futures positions were liquidated within minutes as Ethereum fell nearly 6%.

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Key claims & sources

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A separate report says the same Hyperliquid balance dropped to about $21,800 after rising from a $56,000 stake to more than $12 million over four months.
Machi Big Brother loses $12.2 million trading fortune in crypto selloff
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Jeffrey Huang, known as Machi Big Brother, took a Hyperliquid account from an initial $56,000 to $12.25 million over four months.
Machi Big Brother Turns $56K Into $12.25M, Then Loses Nearly Everything
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That account then fell to about $21,000 after liquidation on October 15, 2026.
Machi Big Brother Turns $56K Into $12.25M, Then Loses Nearly Everything
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Another report puts the peak near $12.5 million before the balance slid to about $21,800.
Trader Machi Big Brother Wiped Out After Epic $12M Run
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One piece says four ETH-USD perpetual futures positions were liquidated within minutes as Ethereum fell nearly 6%.
Trader Machi Big Brother Wiped Out After Epic $12M Run

Market reaction i

HyperliquidHYPE the event is about this asset

Hyperliquid fell 1.6% in the 4 hours after the first headline, after rising 0.5% in the 2 hours before.

$80.27 price at the headline
+0.5% 2 h before
-1.6% 4 h after
+1.9% 12 h after
First headline

47 prices, one every 30 minutes

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 15 08:06
crypto.news scoop
Breaks the event: $12.2M and $12M
+1 h 16 m
Oct 15 09:22
Cryptonews.com adds
Breaks the figures down; the largest, $140.9B, with quotes
+1 h 41 m
Oct 15 09:47
CP CryptoPotato context
Its angle: transactions, identified, hypurrscan; with quotes
+3 h 36 m
Oct 15 11:42
Crypto Economy adds
Sharpens the figure: $12.5M

Has this happened before?

WhenWhat happenedFigure
27 days ago Hyperliquid Wallet Exits About $36.51M CBRS Long at About $6.95M Loss event 1 actors in common · 2 news media
31 days ago Crypto Liquidations Cross $1 Billion Mark: Short Squeeze or Bearish Market Begin? event 1 actors in common · 2 news media
32 days ago Binance leads SanDisk perps liquidity, with OKX and Hyperliquid trailing event 1 actors in common · 2 news media
33 days ago Crypto liquidations hit $550M as Bitcoin price dips below $84K event 1 actors in common · 2 news media
34 days ago Hyperliquid Open Positions Double in 2026 to Over 435K event 1 actors in common · 3 news media