Machi Holds $27.8M Loss While Opening Leveraged Longs

Crypto trader Machi Big Brother is again in the spotlight. After fresh on-chain data showed deep losses. While he keeps opening high-leverage long positions. According to tracking data shared on February 18, his account is down more than $27.8 million overall. Still, he continues to increase exposure across several tokens. The positions are highly leveraged, with some reaching 25x and even 40x. The activity has sparked strong reactions online, as traders debate whether this is conviction or pure risk-taking during a weak market.

Heavy Long Positions With High Leverage

Recent data shows Machi holding several major long positions. His largest bet is on Ethereum, with a 25x leveraged position worth about $13 million. He also holds a Bitcoin long at 40x leverage, valued near $1.7 million. On top of that, he opened smaller leveraged longs on HYPE and VVV tokens.

In total, his open positions sit above $16 million. Meanwhile, his account value is only a little above $1.1 million. That creates a leverage ratio of around 14x. The account also shows zero free margin available. That means he has almost no buffer if prices move against him.

Thin Margins and Ongoing Losses

Current trading stats show negative returns across the account. The unrealized profit and loss is down more than $150,000 at the moment. Over the past week, his perpetual futures trades lost about $400,000. The numbers show an interesting mix. His win rate sits near 80%, which sounds strong. 

However, the maximum drawdown reaches almost 95%. That means even with frequent wins, a few large losses wiped out most of the capital. His exposure also stays fully long. The account shows 100% long positions and no shorts. So, the strategy depends entirely on market recovery. If prices fall further, liquidation risk increases quickly.

Machi’s Pattern of Doubling Down

This is not the first time Machi has taken extreme positions. He has a history of large bets across crypto platforms. Past trades included major swings in NFTs, social tokens and leveraged derivatives. Some reports showed losses reaching tens of millions in earlier cycles. The current situation follows a similar pattern. 

Despite large drawdowns, he keeps adding or opening new positions. Many traders call this a “double-down” strategy. It can work during strong rebounds. However, it becomes dangerous in choppy or falling markets. Online reactions have been harsh. Some users describe the moves as reckless. Others say it shows conviction and high risk tolerance. Either way, the account remains one of the most watched whale positions right now.

High-Risk Strategy Under the Spotlight

For now, Machi Big Brother’s account still holds more than $16 million in open longs. However, the margin buffer remains extremely thin. Even a small market drop could trigger forced liquidations. The situation highlights a familiar lesson in crypto trading. High leverage can create fast gains but it also brings fast losses. Even well-known traders are not safe from that reality. Additionally, as long as the positions stay open, the market will decide how this story ends.

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