Taiwanese singer and crypto whale Huang Licheng, aka Machi Large Brother, is as soon as once more making waves within the crypto market. After dealing with a large liquidation that worn out $13.7 million in income. Machi has doubled down on his Ethereum bets, exhibiting he’s not backing down from volatility.
吴说获悉，据 Lookonchain 监测，Machi（台湾歌手黄立成）在遭清算后再次向 Hyperliquid 存入 28.4 万 USDC，继续做多 ETH。其当前持仓为 2,300 枚 ETH（约 880 万美元），清算价为 3,680.92 美元。该账户从累计盈利 4484 万美元转为累计亏损超 1370 万美元。https://t.co/RDocYOft6j
— 吴说区块链 (@wublockchain12) October 23, 2025
Machi’s $8.8 Million ETH Comeback
In response to on-chain knowledge from Lookonchain, Machi deposited 284,000 USDC into the decentralized derivatives alternate Hyperliquid shortly after his latest liquidation. This transfer marks his renewed lengthy place on ETH, totaling 2,300 ETH, valued at roughly $8.8 million. His present liquidation value sits at $3,680.92. Which suggests if Ethereum drops beneath that time, he might face one other margin name.
Regardless of this danger, the information suggests Machi stays assured in ETH’s upside potential. Earlier than this loss, Machi was one of many top-performing merchants on the platform. He reportedly earned cumulative income of $44.84 million. Nevertheless, following the latest liquidation occasion. His whole place has flipped to greater than $13.7 million in cumulative losses. This alerts a dramatic flip in fortune.
From Huge Good points to Excessive-Stakes Losses
The liquidation occasion that triggered Machi’s downfall highlights the brutal aspect of high-leverage buying and selling. On-chain analytics present that his earlier positions have been closely leveraged. It exposes him to fast liquidations throughout sudden market dips. Regardless of the setback, Machi’s resolution to re-enter with a big ETH place exhibits a mixture of resilience and conviction.
Whereas many merchants would possibly retreat after such losses, Machi’s aggressive return displays his long-standing technique. He’s betting massive on market rebounds. Market watchers be aware that his strikes typically create ripples within the crypto group. Recognized for his affect and daring performs. Machi’s actions are carefully tracked by merchants who see him as a sentiment barometer for short-term ETH momentum.
Deep Dive Into His Hyperliquid Positions
Recent knowledge from Hyperliquid reveals Machi’s new lengthy place operates with a 17x leverage. That brings his whole place worth to $9.42 million. His margin utilization stands at 71.65%, with a powerful lengthy publicity of 100%. It confirms a completely bullish stance on Ethereum. His ETH perpetual contract exhibits an unrealized revenue of round $165,000. It interprets to roughly 41% ROE on the time of information seize.
Whereas the place is presently worthwhile, such leverage leaves little room for market corrections earlier than hitting liquidation thresholds. Moreover, Machi additionally opened a smaller HYPE token lengthy place value round $382,000. This alerts his curiosity in diversified on-chain publicity past ETH.
A Dangerous However Calculated Guess
Machi’s daring return to ETH longs has as soon as once more turned heads. It’s a dangerous but calculated wager, as Ethereum has proven regular progress in latest weeks. It’s hovering across the mid-$3,800 vary. If bullish momentum continues, his leveraged place might shortly recuperate earlier losses. However the market stays unpredictable. A pointy correction might push ETH close to its liquidation value. It’s placing his $8.8 million place in danger.
Nonetheless, for a dealer like Machi, who has constructed his identify on taking high-risk, high-reward positions. This transfer suits the sample. Whether or not it’s a comeback story or one other cautionary story. The market will likely be watching carefully as Machi rides the ETH wave as soon as once more.
