Machi Big Brother Jeff Huang’s trading assets have recently plunged. According to the data, over the past four months Huang grew his initial investment of about $56,000 to as much as $12.25 million. But after a string of recent losing trades, his account now holds only about $22,000, wiping out nearly all of his previous gains.

The account balance chart shows that Jeff Huang’s assets once peaked at about $12.65 million before dropping rapidly. They fell further starting in early October, reaching nearly $22,000 by October 15. The chart shows dramatic fluctuations over a short period, with almost all of his previously accumulated funds wiped out.

However, despite his trading account having been fully liquidated, Huang Licheng still holds an Ethereum long position worth about $750,000, with a liquidation price of $2,334. This means that if the price of ETH falls further and reaches the liquidation price, the position will still be at risk of being forcibly closed.

Huang Licheng has often used highly leveraged cryptocurrency trades to make market moves, and the assets in his account have fluctuated sharply several times. This time, his assets plunged from a peak of several million dollars to tens of thousands of dollars, once again highlighting the huge risks that Machi Big Brother’s trading style can bring when the market reverses.

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