Hey folks, if you're deep into the world of meme tokens and crypto trading, you've probably heard of Machi Big Brother. This guy's a legend in the space – real name Jeffrey Huang, a**********-American musician turned tech entrepreneur and NFT whale. He's the founder of Mithril, a social media platform on blockchain, and he's no stranger to big moves in crypto. Back in the day, he was involved in some drama, like that defamation lawsuit against on-chain sleuth ZachXBT over embezzlement claims from a project called Formosa Financial. But that got resolved after some tweaks to the accusations, and Machi's kept on trading like a boss.

Fast forward to now, and LookOnChain, the go-to account for tracking smart money on the blockchain, dropped a bombshell tweet that's got everyone buzzing. Machi just closed all his long positions on Hyperliquid, a high-performance Layer 1 blockchain focused on DeFi and perpetual futures trading, and walked away with over $33.8 million in profits. That's not pocket change – that's the kind of win that makes you rethink your own trading strategy.

Let's break it down. Just a day earlier, LookOnChain had spotted Machi building up unrealized profits exceeding $30 million. He was going long – betting on price increases – on three key assets: Ethereum (ETH), Hyperliquid's native token HYPE, and Pump.fun's PUMP token. For the uninitiated, going long means you're expecting the price to go up, and you use leverage to amplify your gains (or losses, if things go south).

• ETH: The second-biggest crypto by market cap, Ethereum is the backbone of smart contracts and DeFi. Machi held about 11,900 ETH worth around $51 million.
• HYPE: This is the utility token for Hyperliquid, a platform that's all about fast, on-chain perpetuals trading with zero gas fees. Validators stake HYPE to secure the network, and it's got a market cap in the billions. At the time, his 500,000 HYPE was valued at $21.68 million.
• PUMP: Tied to Pump.fun, a Solana-based launchpad that's revolutionized meme token creation. Anyone can spin up a memecoin with a bonding curve model – price starts low and rises as people buy in. It's permissionless and fun, but super volatile. Machi's 250 million PUMP was sitting at about $907,500.

From the Hyperdash dashboard – that's Hyperliquid's trader analytics tool, accessible here – we see he closed these positions like a pro. One notable close was a long on HYPE at $43.49, netting him over $8,000 in PnL after fees. His total account value? A whopping $48 million, with all PnL combined hitting that $33.8 million mark. The chart shows a steady climb in profits from June to August 2025, peaking right around now. Direction bias neutral, no unrealized PnL left – he cashed out clean.

Why does this matter for meme token enthusiasts? Well, PUMP is straight-up meme central. Pump.fun has launched thousands of memecoins, turning Solana into a hotspot for viral tokens. HYPE, while more DeFi-focused, has that hype factor (pun intended) with its speedy chain and perp DEX, attracting traders who love high-leverage plays on trending assets. Machi's move could signal he's taking profits before a potential dip – whales like him often move markets. Remember, he's had ups and downs; just recently, he reportedly lost $7.76 million trading PUMP, but bounced back big time.

If you're trading meme tokens, keep an eye on whales like Machi. Tools like LookOnChain help spot these moves early. And if you're new to this, start small – leverage can multiply wins, but it can wipe you out too. Hyperliquid's making waves with its on-chain order book and sub-second latency, so maybe check out staking HYPE or launching your own token on Pump.fun. Just DYOR (do your own research) and don't ape in blindly.

What's next for Machi? Who knows – maybe he'll dive into new memes or NFTs again. But one thing's for sure: in the wild world of crypto, big brothers like him keep the game exciting. Stay tuned for more whale watches!