Whale 'Machi Big Brother' Partially Liquidated on 25x ETH Bet

Edgen Crypto

·Mar 08 2026, 03:22

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Key Takeaways

A prominent crypto whale, Jeffrey Huang, faced a partial liquidation on a highly leveraged Ethereum position after a market dip. The event highlights the risks of aggressive leverage and establishes a new critical price level for traders to monitor.

Leveraged Bet Hit: A 25x leveraged Ethereum long position held by 'Machi Big Brother' was partially liquidated due to a market downturn.
Remaining Position: Huang's remaining holdings total 2500 ETH with an unrealized loss of approximately $200,000.
New Support Level: The new liquidation price of $1926 has become a key psychological support level for Ethereum traders.

Whale's 25x ETH Long Position Partially Liquidated

Prominent on-chain figure Jeffrey Huang, known as "Machi Big Brother," experienced a partial liquidation of his highly leveraged Ethereum long position. Huang's 25x leveraged bet on ETH was forcefully reduced after a market downturn triggered the liquidation event. This forced sale adds to short-term selling pressure on Ethereum and underscores the inherent risks of aggressive trading strategies in the digital asset market.

Remaining 2500 ETH Position Establishes $1926 Support

Following the liquidation, Huang's remaining position stands at 2500 ETH and carries an unrealized loss of approximately $200,000. The new liquidation price for this reduced holding is now estimated at $1926. This specific price point has become a critical psychological support level for market participants, who will watch it closely for signs of further market weakness. The incident serves as a stark warning about the dangers of high-leverage derivatives, potentially causing other leveraged traders to de-risk their positions.