From $44 Million Peak to $30,000 Left — How This Crypto Trader Lost Everything to Leverage
Taiwanese-American entrepreneur Jeffrey Huang lost approximately $75 million through leveraged trading on Hyperliquid over six months, falling from a peak of $44.8 million to just $30,000.Summary
Jeffrey Huang, known as Machi Big Brother, experienced significant losses in cryptocurrency trading on the Hyperliquid exchange due to high leverage. Over the past six months, he lost around $75 million, plummeting from a peak profit of $44.8 million in September 2025 to holding only $30,268. He faced 335 liquidations, earning the moniker “King of Liquidations,” but has since added another $500,000 to his account and relonged $11.5 million of ETH. His story mirrors that of James Wynn, another Hyperliquid trader who also saw substantial gains and losses through leveraged trading, highlighting the risks associated with high leverage in the volatile crypto market. Both traders demonstrate a pattern of strong conviction and repeated re-entries despite significant setbacks.
(Source：BeInCrypto)