Machi Big Brother, the well-known crypto whale and trader (@machibigbrother), just got hit with another partial liquidation on his positions. According to on-chain tracker Lookonchain, he's now holding onto 835 ETH (worth about $3.09 million) in long positions, with a liquidation price sitting at $3,668.39. That's uncomfortably close if the market dips further.

For those new to the lingo, a "long position" means betting that the price of an asset—like ETH—will go up. Liquidation happens when the market moves against you, and your collateral isn't enough to cover the losses, forcing the exchange to close your trade automatically. In Machi's case, this is on Hyperliquid, a decentralized perpetual futures platform popular among high-stakes traders.

Since the market crash on October 11, Machi has been pumping in funds to defend his bets—a total of $1.73 million so far. But his available balance has shrunk to under $90,000, putting him in a tight spot. The trade history reveals a series of closes on longs for ETH, HYPE, and PUMP tokens, with losses stacking up in the thousands of USD each time.

HYPE and PUMP are meme tokens that have caught fire in the crypto space lately. HYPE, often tied to hype-driven narratives, and PUMP, which plays on the "pump" meme culture, show how Machi's strategy mixes blue-chip assets like ETH with volatile meme plays. This blend is common among whales who chase big gains but risk massive drawdowns.

One reply from HyperTracker notes he's 80% toward full liquidation—yikes. You can track it live on their tool here. Another user joked he's turning ETH into "charity for the exchanges," highlighting how fees and losses can eat away at capital.

This saga underscores the risks in leveraged trading, especially with meme tokens that can swing wildly. For blockchain practitioners dipping into memes, it's a reminder to manage risk—use stop-losses, avoid over-leveraging, and keep an eye on liquidation thresholds. Machi's moves are often watched closely because they can signal broader market sentiment.

If you're building in the meme token space, stories like this highlight the importance of on-chain tools like Lookonchain for spotting whale activity early. It could give you an edge in timing your own trades or launches.

Stay tuned—Machi's not out yet, but with ETH hovering around these levels, the next move could be pivotal. What's your take on his strategy? Drop a comment below.