- Total recorded losses: ~$74 million
- Ethereum price at strategy start: ~$4,700 (September 2025)
- Ethereum price in latest data: ~$1,980
- Total liquidations: 140+
- Remaining balance in Hyperliquid account: ~$8,500
- Recent leveraged position: 25x long on 600 ETH (~$1.19 million)
- Liquidation level of latest trade: ~$1,965
On-chain data tracked by Arkham Intelligence shows measurable capital decline in the trading account associated with Machi Big Brother over the past six months. The activity began in September 2025, when Ethereum was trading near $4,700, and primarily involved leveraged long exposure through perpetual futures. Since that period, Ethereum’s price declined to approximately $1,980, resulting in repeated margin-triggered liquidations.
The data indicates that cumulative losses reached approximately $74 million during a period in which the account maintained sustained long positioning while Ethereum’s price declined. Transaction and position records show continued engagement in leveraged trading despite declining collateral levels.
Recent monitoring also indicates a sharp reduction in the account’s available capital. The balance fell to around $35,000, followed by a decline to approximately $10,000, and the most recent observation shows about $8,500 remaining in the Hyperliquid account linked to the trader.
Data Highlights
Blockchain tracking identified more than 140 liquidation events tied to the account between September 2025 and early 2026. These liquidations occurred as Ethereum’s price moved lower, triggering margin thresholds and forced closures of leveraged positions.
Recent activity includes the addition of a new leveraged trade consisting of a 25x long position on 600 ETH, valued at approximately $1.19 million at entry. The liquidation price for this position was recorded at $1,965, placing it close to prevailing market levels at the time of execution.
On-chain wallet flows show interaction with decentralized derivatives infrastructure and cross-chain bridges. Historical activity linked to the wallet includes asset transfers across networks and platforms, including movements consistent with collateral transfers.
On-Chain Patterns
Observed activity shows repeated entry into leveraged Ethereum long positions over the monitored period. The wallet associated with Machi Big Brother repeatedly entered new long positions, according to Arkham Intelligence tracking.
High leverage levels were associated with smaller margin buffers relative to position size. Liquidation clusters were recorded during periods of increased Ethereum volatility, occurring during rapid price movements.
Asset movements across networks show transfers that coincided with derivatives position activity. These transfers occurred during periods in which derivatives trading activity was observed. Overall, the available on-chain data shows a decline in account balance, a high number of liquidation events, and continued leveraged exposure during the observed period.
Blockchain tracking platforms recorded recent sales of BTC, ETH, and HYPE from wallets linked to Machi Big Brother, alongside continued activity in high-leverage perpetual futures trading.
AI Disclosure: Cryip uses AI-assisted tools to help refine language — correcting spelling and grammar and simplifying complex terms for readability.
We do this to make crypto topics easier to understand for readers at all experience levels. AI does not draft facts, sources, or conclusions. Every article is reviewed and approved by a human editor before publication. Read our full AI Use & Content Policy.
