In the fast-paced world of meme coins, where fortunes can flip in hours, even seasoned whales like Machi Big Brother aren't immune to the volatility. A recent tweet from OnchainLens @OnchainLens highlights how this prominent trader is currently staring down an $8.5 million unrealized loss across several leveraged long positions, including hot meme tokens like $YZY, $HYPE, and $PUMP.
Who Is Machi Big Brother?
For those new to the crypto scene, Machi Big Brother, whose real name is Jeffrey Huang, is a**********-American entrepreneur and a major player in the blockchain space. He's known for his bold moves in NFTs, DeFi projects, and high-stakes trading. As the founder of Mithril and a notorious NFT whale, Machi has built a reputation for spotting trends early—but as this latest development shows, even experts can get burned by market swings. His on-chain activities are closely watched, often via tools like HyperDash, which tracks wallet movements and positions.
Breaking Down the Positions
According to the screenshot shared in the tweet, Machi's portfolio is heavily leveraged on both major cryptos and meme tokens:
- ETH Long (25x leverage): Position size of 23,000 ETH, valued at about $100.65 million, with an unrealized loss of $4.78 million.
- BTC Long (40x leverage): 220 BTC position worth $24.83 million, down $695K.
- HYPE Long (10x leverage): 350 million HYPE tokens, valued at $14.48 million, showing a $619K loss.
- PUMP Long (5x leverage): A massive 500 million PUMP tokens at $1.14 million value, with $141K in the red.
- YZY Long (3x leverage): 1.3 billion YZY tokens worth $1.14 million, currently down $337K.
These positions were opened recently, with the YZY long starting just yesterday. The overall portfolio shows a staggering 126.9% negative ROE, underscoring the dangers of high leverage in a dipping market.
The Meme Token Spotlight: YZY, HYPE, and PUMP
Meme coins like these thrive on hype, celebrity endorsements, and community frenzy, but they're notoriously unpredictable. Let's unpack them a bit:
YZY: Launched on the Solana blockchain by rapper Kanye West (now known as Ye), YZY exploded to a $3 billion market cap shortly after its debut on August 21, 2025. However, it quickly crashed amid claims of insider manipulation and pump-and-dump schemes. Trading around $0.83 now, down from highs over $1, it's a classic example of celebrity-driven meme coin volatility. For more on its rocky launch, check out this report from Bitcoin.com.
HYPE: This token rides the wave of speculative buzz, often tied to viral trends in the crypto community. While details are sparse, it's positioned as a high-risk, high-reward play, similar to other Solana-based memes that pump on social media traction.
PUMP: Evoking the spirit of quick gains (think "pump and dump"), PUMP is another Solana meme coin that's gained traction through platforms like Pump.fun. It's designed for rapid trading and community-driven pumps, but as Machi's position shows, timing is everything.
These tokens highlight the meme coin ecosystem's allure: low entry barriers, massive potential upsides, but equally devastating downsides when sentiment shifts.
The Risks of Leverage in Meme Trading
Leverage trading amplifies gains—and losses. In Machi's case, using 3x to 40x leverage means small price drops can wipe out significant capital. With the broader crypto market facing a downturn (over $359 million liquidated in the last 24 hours, per recent reports), these positions are under pressure. It's a reminder for blockchain practitioners: while meme tokens can be fun and profitable, combining them with leverage is like playing with fire. Always DYOR (do your own research), set stop-losses, and consider the psychological toll of floating losses.
If you're diving into meme tokens, tools like OnchainLens provide valuable insights into whale movements, helping you stay ahead. Keep an eye on Machi's wallet—will he HODL through the dip or cut his losses? Only time will tell in this ever-evolving crypto landscape.