Jeffrey Huang nears liquidation on Hyperliquid, with cumulative losses topping $80M

Jeffrey Huang, a Taiwanese singer better known as Machi Big Brother, is about $20 away from the liquidation price on a Hyperliquid perpetual futures position, according to Hupz, formerly Spot On Chain. Hupz said Huang has also listed two BAYC NFTs for sale to raise margin and that Huang's cumulative losses have exceeded $80 million since last year.