Machi Big Brother’s HYPE and PUMP longs liquidated, ETH position cut to $80 million

Machi Big Brother’s HYPE and PUMP longs liquidated, ETH position cut to $80 million

N
News Editor
2026-10-08 11:44:28
Machi Big Brother, the trading persona of Jeffrey Huang, saw leveraged long positions in HYPE and PUMP liquidated on Oct. 8, according to TradingBeats. The monitored account’s HYPE long was valued at $2 million, while its PUMP long stood at $1.2 million before liquidation. A much larger Ethereum long, previously worth about $92.88 million, was also partially liquidated, reducing the position to $80 million. TradingBeats data listed the ETH entry price at $2,645.22 and the liquidation price at $2,492.95, with ETH last quoted near $2,541 at the time of the update. The same account posted a loss of $2.04 million over the past 24 hours and $5.46 million over the past seven days. Its account net asset value was reported at $3.08 million, all of which was being used as margin for the ETH long.

BlockBeats reported on Oct. 8 that, according to TradingBeats monitoring, Machi Big Brother, also known as Jeffrey Huang, had a $2 million HYPE long and a $1.2 million PUMP long liquidated.

His Ethereum long, valued at about $92.88 million, was also partially liquidated, bringing the position down to $80 million. TradingBeats listed the entry price at $2,645.22 and the liquidation price at $2,492.95, while ETH was last quoted near $2,541.

The account showed a loss of $2.04 million over the past 24 hours and $5.46 million over the past week. Its net asset value stood at $3.08 million, all of which was being used as margin for the ETH long.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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