On-chain data doesn’t lie. According to Lookonchain, “Machi Big Brother” has been liquidated again. Here’s the timeline: He sold 15 NFTs for $223,000, taking a loss of $505,000 on the sale over roughly four days. In other words, he realized the funds at a loss, then quickly lost the proceeds.

The cumulative figures are also worth noting: He has now lost a total of $909,000 on Papertrade and $37.4 million on Hyperliquid. Two platforms, two different approaches, but the same outcome—suggesting the problem lies not with any single product, but with position sizing and risk management itself.

In the current market environment, cases like this offer even more valuable lessons:

📉 $BTC Now at 76,014.51, down 5.84% today, 7.0% over 30 days, and 2.0% over 7 days. The 30-day range is 76,018.83–84,093.42, and the current price is already close to the bottom of the range.

📉 $ETH At 2,236.46, down 8.14% today—a larger drop than $BTC.

📉 $BNB At 694.05, down 3.27% today.

😰 Fear and Greed Index: 28, in the Fear zone.

The data points to a clear conclusion: in a highly volatile environment, leveraged positions have very little room for error near the price floor, and a single liquidation can wipe out several previous profitable trades. The NFT sale at a loss of $505,000, raising only $223,000, also shows how liquidity discounts can widen under pressure.

What leverage are you using on your position? Share in the comments and give each other a heads-up 👇

Machi Big Brother liquidation Hyperliquid on-chain data risk warning