Machi Big Brother Loses $12.25 Million, Then Opens a New 25x Ethereum Long

Hyperliquid trader Machi Big Brother, also known as Huang Licheng, was fully liquidated, his account falling from a $12.25 million peak to $21,800. He had grown $56,000 into $12.25 million over four months. About 25 minutes later, he opened a new 25x leveraged Ethereum long holding 290 ETH.