Machi Big Brother also partially broke when the price of ETH fell by $200.
Given the scale and speed of the crash, the total value of the destroyed positions shot up to almost $500 million within hours. According to CoinGlass data, nearly 140,000 merchants went bankrupt within this time frame. However, one case in particular raised a few eyebrows.
During the painful fall of BTC, an unknown whale worth 61.51 million dollars was lost last day. The liquidation took place on HTX and involved the trading pair BTC/USDT.
Another whale hit during the dip was Machi Big Brother – the Taiwanese-American entrepreneur and former musician whose real name is Jeffrey Huang.
Lookonchain data shows that he was partially liquidated due to his ETH position. CryptoPotato reported a few days ago that its entire crypto portfolio had fallen below $1 million, meaning a loss of around $28 million.
While that amount has risen to over $28.8 million after the latest liquidation, he continues to build on his Ethereum longs, which now hold 1,700 tokens worth $3.2 million.
ETH’s price was rejected at $2,000 over the weekend, falling to $1,850 for the first time since the February 6 crash, when the price bottomed at $1,750.
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The market just crashed and Machi(@machibigbrother) was again partially liquidated.
But he continues to expand his $ETH long position.
He now owns 1,700 of them $ETH($3.21 million), with a liquidation price of $1,818.74.
His total losses have passed $28.8 million.https://t.co/P6lglcgpyo pic.twitter.com/t9cEDpOzQ1
— Lookonchain (@lookonchain) February 23, 2026
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#Whale #liquidated #million #Bitcoin #tumbled #lows