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

Crypto trader Machi Big Brother has seen his Hyperliquid trading account fall to just $21,800 after building a $56,000 stake into more than $12 million over four months. Machi Big Brother's Hyperliquid trading account fell from a reported peak of $12.25 million to approximately $21,800 following liquidation. Lookonchain said the trader had turned an initial $56,000 into more than $12 million over four months before losing nearly all of those gains. The liquidation occurred as Bitcoin dropped below $81,000 and Ethereum approached $2,380 amid heavy selling across the crypto market.

Source: crypto.news