{"id":7682,"date":"2026-03-02T10:42:26","date_gmt":"2026-03-02T10:42:26","guid":{"rendered":"https:\/\/dailystreetchronicle.com\/index.php\/2026\/03\/02\/ethereum-news-crypto-whale-loses-74m-longing-eth-left-with-just-8-5k-on-hyperliquid\/"},"modified":"2026-03-02T10:42:26","modified_gmt":"2026-03-02T10:42:26","slug":"ethereum-news-crypto-whale-loses-74m-longing-eth-left-with-just-8-5k-on-hyperliquid","status":"publish","type":"post","link":"https:\/\/dailystreetchronicle.com\/index.php\/2026\/03\/02\/ethereum-news-crypto-whale-loses-74m-longing-eth-left-with-just-8-5k-on-hyperliquid\/","title":{"rendered":"Ethereum News: Crypto Whale Loses $74M Longing ETH, Left With Just $8.5K on Hyperliquid"},"content":{"rendered":"

The post Ethereum News: Crypto Whale Loses $74M Longing ETH, Left With Just $8.5K on Hyperliquid<\/a> appeared first on Coinpedia Fintech News<\/a><\/p>\n

Six months ago, crypto whale Machi Big Brother started leveraging long on Ethereum<\/a> when ETH traded near $4,700. Today, on-chain intelligence firm Arkham flagged what’s left of that bet: just $8,500 in his Hyperliquid account.<\/p>\n

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MACHI BIG BROTHER HAS $10K LEFT<\/p>\n

In the last 6 months Machi Big Brother has lost $74 Million – attempting to leverage long ETH since September, when ETH was at $4.7K.<\/p>\n

He now has $8.5K left in his HL account. It appears that he is almost out of money. pic.twitter.com\/mpp9GX012n<\/a><\/p>\n

— Arkham (@arkham) March 2, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

The trader, whose real name is Jeffrey Huang, has been liquidated over 145 times on Hyperliquid since October 2025, repeatedly opening 25x leveraged long positions on Ethereum<\/a> and re-entering after each wipeout. On-chain data shows he even tapped PleasrDAO treasury funds<\/a> deposited five years ago to cover margin on recent positions.<\/p>\n

Five months ago, Arkham estimates his net worth was close to nine figures.<\/p>\n

From Hip-Hop Star to Crypto’s Most Watched <\/h2>\n

Huang is no stranger to controversy. The Taiwanese-American former musician rose to fame with hip-hop group L.A. Boyz in the 1990s before entering crypto in 2017. He founded Mithril, which collapsed roughly 80% within months. <\/p>\n

He was involved with Formosa Financial, where 22,000 ETH later went missing. He forked Compound to create Cream Finance, which suffered exploits totaling over $192 million. On-chain investigator ZachXBT<\/a> accused him of embezzlement in 2022. Huang responded with a defamation lawsuit.<\/p>\n

Despite all of it, he kept trading. <\/p>\n

Ethereum Price: What Should You Watch?<\/h2>\n

ETH trades at $1,955, still well below its daily 50-day and 200-day moving averages. The daily RSI reads 41.4, below neutral, while the MACD sits deep in sell territory at -139.35. <\/p>\n

The daily summary reads Sell, with weekly and monthly both flashing Strong Sell.<\/p>\n

Also Read: Crypto Crash Today: Should You Buy the Bitcoin Dip as US and Israel Strike Iran?<\/a><\/strong><\/p>\n

According to Coinglass<\/a>, ETH is down 54.80% over the past 180 days and 30.20% over 90 days.<\/p>\n

Geopolitical risk and sticky inflation, with the Core PPI rising 0.8% month-over-month, have reduced expectations for Fed rate cuts, keeping risk appetite low across crypto markets.<\/p>\n

What Analysts Expect for ETH This Week<\/h2>\n

Analysts project a trading range of $1,770 to $2,160 for the coming week. The probability of a sustained rally remains below 20%.<\/p>\n

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Viktoras Karapetjanc of Traders Union noted, “If Ethereum can hold above immediate support and sentiment shifts, a move towards $2,160 is still on the table this week.”<\/em><\/p>\n<\/blockquote>\n

A breakout above $2,021 would be the first signal of relief. Without it, the same conditions that wiped out one of crypto’s biggest whales remain firmly in place.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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