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A Famous Trader's $151 Million Long Position in Bitcoin and Ethirum!
​Data from Arkham Intelligence shows that Jeffrey Huang, widely known as "Machi Big Brother," has opened over $151.1 million in leveraged long positions on the Hyperliquid exchange.
​His largest position is in Ethereum—around $100 million worth of ETH with 25x leverage. Alongside that, Huang holds approximately $44.1 million in Bitcoin with 40x leverage, as well as nearly $7 million in HYPE tokens with 10x leverage.
​Importantly, no short positions or hedging trades are present in this account; therefore, extreme market volatility could directly impact the status of these leveraged positions.
​At the time of the report, the account's unrealized profit stood at around $1.2 million, almost all of which came from the ETH position. In contrast, the HYPE position was sitting at a loss of roughly $50,000.
​Given the 10x to 40x leverage, a continued drop in Bitcoin or Ethereum prices could place significant pressure on the margin for these trades and drastically increase the risk of liquidation.
​Concurrently, Bitcoin spot ETFs recorded approximately $462.7 million in outflows for the week ending September 11.
​📌 For now, this trader remains heavily focused on continued strength in the crypto market with a substantial volume of long positions.
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​Source: Arkham Intelligence