Machi Big Brother made a profit of 300,000 USD after a long ETH position on Hyperliquid

TapChiBitcoin
ETH-1,82%
USDC-0,01%

Machi Big Brother (real name Jeff Huang), a former American artist of Taiwanese descent, is now known as a “crypto whale” with a high-risk trading style, recently recording significant profits on Hyperliquid.

Previously, Machi was famous for aggressive trading and an all-time PnL loss of up to $74 million, although he occasionally scored big wins. This time, he deposited $250,000 into the Hyperliquid platform and took a long position on the ETH-USDC pair, earning about $300,000 in profit, equivalent to a 102% ROE.

According to data displayed on Arkham’s dashboard, this trade marks a notable recovery after his portfolio had dropped below $10,000.

The crypto community quickly drew attention to the memecoin $MACHI, with many comments celebrating Machi’s comeback and speculating about a full “recovery” — reflecting the market’s particular appeal to high-risk traders and the remarkable story of revival.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitmine Raises ETH Staking to 70% of Holdings With $320M Latest Push

Gate News message, April 24 — Bitmine, the largest Ethereum treasury company led by Tom Lee, staked approximately $320 million worth of ether over the past 24 hours, bringing its total staked holdings to over 70% of its overall position. The company moved roughly 75,600 ETH to a major CEX for

GateNews22m ago

Hyperliquid Trader neoyokio.eth Averages Down CHIP Position to $3.4M at $0.098

Gate News message, April 24 — Hyperliquid trader neoyokio.eth added to their 3x leveraged CHIP long position earlier today, increasing holdings from $2.2 million to $3.4 million with an average entry price of $0.098, according to Hyperinsight monitoring. The position is currently underwater by

GateNews2h ago

Ripple RLUSD Gains Wanchain Bridge Support Across XRPL, Ethereum, and Cardano

Gate News message, April 24 — Ripple's RLUSD stablecoin has expanded its cross-chain reach after Wanchain added bridge support for the asset. The integration enables RLUSD transfers across the XRP Ledger, Ethereum, Cardano, and Wanchain networks, creating multiple interoperability routes for users m

GateNews2h ago

Ethereum Spot ETF 10-Day Inflow Streak Ends With $75.936M Net Outflow

Gate News message, April 24 — Ethereum spot ETFs recorded a total net outflow of $75.936 million yesterday (April 23), ending a 10-day streak of consecutive net inflows, according to SoSoValue data. Grayscale Ethereum Mini Trust ETF (ETH) led inflows with $19.758 million in net deposits, bringing i

GateNews4h ago

Belarus: Crypto banks can use 26 digital assets and conduct 11 types of business

According to a report by the Belarusian news agency BelTA on April 23, Alexander Yegorov, First Deputy Chairman of the National Bank of Belarus, announced at the “2026 Digital Bank” conference that the Belarusian crypto-banking framework allows the use of 26 cryptocurrencies and 11 types of operations, as set out in accordance with Belarusian Decree No. 19, “On certain regulatory issues in the field of crypto banks and digital tokens.”

MarketWhisper4h ago

Grayscale Ethereum Staking Mini ETF Records $337M Inflows in Q1, Leads U.S. ETP Providers

Gate News message, April 24 — Grayscale's Ethereum Staking Mini ETF attracted $337 million in inflows during the first quarter of 2026, ranking first among U.S. ETP providers, according to Grayscale CEO Peter Mintzberg posting on X. The achievement reflects strong institutional demand for Ethereum s

GateNews5h ago
Comment
0/400
No comments