In the latest market turmoil, Machi Big Brother—the high-profile trading account operated by Huang Licheng—has suffered significant losses. According to monitoring data from lookonchain, the account faced five liquidations in a single trading session recently, with cumulative losses now reaching $24.18 million, as reported by BlockBeats.

At the time of reporting, Machi's remaining position consisted of a 25x leveraged long bet on 2,200 ETH (valued at approximately $6.67 million). The liquidation threshold for this position sits at $2,991.43 per ETH. The cascading liquidations highlight the extreme volatility and risk exposure faced by large leveraged traders during market downturns—a cautionary tale as digital asset markets continue to experience significant price swings.