Machi Big Brother is down more than $80M on Hyperliquid. Now he's selling Bored Apes for margin.
The $80M is bad. Selling an NFT to keep a losing trade alive means the cash is gone.
CryptoVibe Desk · hyperliquid · liquidation · nft
- →Machi Big Brother has lost more than $80M on Hyperliquid, and his latest liquidation came without a fresh margin deposit backing it.
- →Every prior loss was backstopped by fresh deposits; this one wasn't, and Huang is now selling Bored Ape NFTs to meet margin requirements.
- →Watch whether more Bored Ape sales appear from Huang's wallet in the next two weeks, confirming that forced cross-asset liquidations are ongoing.
- Hyperliquid → A decentralized trading platform where traders can bet on crypto prices going up or down using borrowed money, with all positions visible on-chain.
- Margin call → When a leveraged trade loses enough value that the exchange demands more funds or automatically closes the position and keeps the collateral.
Machi Big Brother (Jeffrey Huang) is down more than $80M on Hyperliquid, per The Defiant. His losing streak has run for months. The latest ETH liquidation came with no fresh margin deposit behind it.
That detail is the tell. Every prior liquidation in the streak was followed by Huang adding new money. This one wasn't. And that's the catch: no fresh deposit means the cash is likely gone.
To cover the gap, he has started selling Bored Ape Yacht Club NFTs.
Selling an NFT to meet a margin call is not controlled risk management. It is forced selling. Whatever Huang still holds is now potential collateral. If Bored Apes are in your bag, more supply is heading to market before this unwinds.
The $80M figure comes from on-chain wallet tracking. The wallet history is public; the number is hard to dispute.
The number to watch: whether Huang adds fresh margin before his next ETH position moves against him. If he doesn't, this is no longer a trading story.
Hyperliquid let one trader run up more than $80M in losses without a disclosed single-wallet cap. That is a control failure, not a feature gap. The open question is whether the cap never existed or whether it failed, and those are not the same kind of bad.
Watch for a second Bored Ape sale from Huang's on-chain wallet within the next two weeks, which would confirm that forced cross-asset liquidations are ongoing and more NFT supply is heading to market.
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