How to lose 74 million dollars in six months?
This is not a beginner's story.
This is the story of one of the most famous names in crypto: Machi Big Brother was a former member of L.A. Boyz
- A well-known NFT whale
- Founder of Mithril
- Linked to the Cream Finance protocol
A man who used to move millions of dollars
But the market does not recognize names.
September 2025
Ethereum at ~4,700 dollars.
The conviction is clear: “The rise is coming.
He opens a massive Long position with 25x leverage on Hyperliquid.
The market drops.
Liquidation.
He re-enters.
Another liquidation.
Then he re-enters again.
Over 145 liquidations.
Instead of backing down…
He increased the margin.
Withdrew old funds from the PleasrDAO treasury.
Doubled his exposure.
He wasn’t trading…
He was fighting the market.
February 2026
He opens new positions:
$BTC with 40x leverage
$HYPE with 10x leverage
$VVV with 3x leverage
He closes them with a loss of around 275,000 dollars.
And yet…
He leaves the Ethereum 25x position open.
On February 28, 2026
Complete liquidation.
Immediately… he opens a new 25x position.
March 2, 2026
Another liquidation.
The remaining balance in his Hyperliquid account: about 8,500 dollars.
In just six months, 74 million dollars disappeared.
From a nine-figure account to four digits.
This is not a story of volatility.
And not “bad luck.”
This is a story:
Of recklessness in leverage.
Stubbornness against market direction.
Lack of risk management.
The market does not defeat you all at once
But allows you to defeat yourself.