On-chain data reveals that prominent crypto personality Huang Licheng, widely known as Machi Big Brother, has experienced a significant financial setback due to a margin call on the Ethereum (ETH) network. According to reports from on-chain analyst Ai Yi, a total of 5,950 ETH in long positions were liquidated on May 28, 2026, marking a recurring trend of high-risk trading losses for the well-known investor.
Details of the Recent Liquidation Event
The liquidation event occurred during a period of market volatility, forcing the closure of leveraged positions that were no longer adequately collateralized. The specific transaction resulted in an immediate loss of $409,000 at the time of the trigger. However, when factoring in the total scale of the trade and entry prices, the cumulative loss for this specific position reached $4,095,000. This event highlights the inherent risks associated with leveraged trading in the decentralized finance (DeFi) ecosystem.
Monthly Trading Performance and Patterns
Data tracking shows that this is not an isolated incident for the investor, as market conditions continue to challenge aggressive long strategies. Analysis of his recent wallet activity indicates:
- This is the second liquidation trigger hit by Huang Licheng within the last 10 days.
- Cumulative losses over the past 30 days have reached approximately $6,009,000.
- The liquidations primarily involve large-scale ETH long positions on lending protocols.
Long positions are financial contracts where an investor expects the price of an asset to rise, but in the case of liquidations, the asset's price falls below a predetermined maintenance margin, causing the protocol to automatically sell the collateral.
The repeated liquidations of such a high-profile figure serve as a reminder of the volatility currently impacting the Ethereum ecosystem and the broader cryptocurrency market. While Huang Licheng remains a significant liquidity provider and trader in the space, the loss of over $6 million in a single month underscores the dangers of maintaining massive leveraged exposure during periods of price instability. Market participants continue to monitor his on-chain movements for further indications of institutional-grade trading sentiment.
Frequently Asked Questions
Quick answers to the most common questions about this topic.
For educational purposes only. Nothing here constitutes financial or investment advice. Crypto markets are highly volatile — always DYOR before making any decisions.
Fact-checked per our editorial policy. We maintain strict independence from advertisers. Spot an error? Let us know.