The post Ethereum News: Crypto Whale Loses $74M Longing ETH, Left With Just $8.5K on Hyperliquid appeared on BitcoinEthereumNews.com.

The post Ethereum News: Crypto Whale Loses $74M Longing ETH, Left With Just $8.5K on Hyperliquid appeared first on Coinpedia Fintech News Six months ago, crypto whale Machi Big Brother started leveraging long on Ethereum when ETH traded near $4,700. Today, on-chain intelligence firm Arkham flagged what’s left of that bet: just $8,500 in his Hyperliquid account. MACHI BIG BROTHER HAS $10K LEFT In the last 6 months Machi Big Brother has lost $74 Million – attempting to leverage long ETH since September, when ETH was at $4.7K. He now has $8.5K left in his HL account. It appears that he is almost out of money. pic.twitter.com/mpp9GX012n — Arkham (@arkham) March 2, 2026 The trader, whose real name is Jeffrey Huang, has been liquidated over 145 times on Hyperliquid since October 2025, repeatedly opening 25x leveraged long positions on Ethereum and re-entering after each wipeout. On-chain data shows he even tapped PleasrDAO treasury funds deposited five years ago to cover margin on recent positions. Five months ago, Arkham estimated his net worth was close to nine figures. From Hip-Hop Star to Crypto’s Most Watched Huang is no stranger to controversy. The Taiwanese-American former musician rose to fame with hip-hop group L.A. Boyz in the 1990s before entering crypto in 2017. He founded Mithril, which collapsed roughly 80% within months. He was involved with Formosa Financial, where 22,000 ETH later went missing. He forked Compound to create Cream Finance, which suffered exploits totaling over $192 million. On-chain investigator ZachXBT accused him of embezzlement in 2022. Huang responded with a defamation lawsuit. Despite all of it, he kept trading. Ethereum Price: What Should You Watch? ETH trades at $1,955, still well below its daily 50-day and 200-day moving averages. The daily RSI reads 41.4, below neutral, while the MACD sits deep in…

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Filed under: News - @ March 2, 2026 11:21 am