Woofun AI reports that Taiwanese crypto whale Machi Big Brother liquidated 34 Bored Ape Yacht Club NFTs in the past month, generating 326 ETH while realizing a net loss of 399 ETH. The most severe individual hit involved Bored Ape 6057, acquired four years ago for 76.84 ETH and sold for just 7.65 ETH, marking a 90% decline in value. All proceeds from these sales were immediately transferred to Hyperliquid to replenish margin for his aggressive long positions in ETH.

Machi Big Brother initiated these leveraged ETH longs on Hyperliquid in September 2025 when the asset traded near $4,700, employing a strategy utilizing 25 to 40 times leverage. This approach initially yielded substantial gains, with the account recording a floating profit of $45.66 million between late 2025 and early 2026.

However, the subsequent collapse of ETH prices to the $1,600 range erased all unrealized gains and converted them into massive realized losses.

Woofun AI data shows that as of June 26, cumulative losses on Hyperliquid reached $33.85 million, pushing total trading losses for the past year beyond $80 million. The volatility triggered a relentless series of liquidations, totaling more than 335 events by March 2026. On June 8 alone, the account faced 10 liquidations within an 8-hour window, depleting the balance to approximately $52,000, followed by another 7 liquidations in 10 hours on June 23 as ETH dipped to $1,607.

Despite the account balance repeatedly collapsing to critical lows, including a February trough of just $8,500, Machi Big Brother consistently deposited fresh capital to maintain his long exposure. His remaining portfolio of approximately 150 BAYC tokens is now valued at roughly $1.6 million based on the current floor price of $8.8 ETH per token. This residual asset value barely suffices to cover the margin requirements for his highly leveraged positions.

On June 26, Machi Big Brother posted on X stating, "We're going to need more Tom. 8 percent," a message widely interpreted as a plea for Tom Lee to intervene and rescue the market. This sequence of events marks the most severe capital erosion for a known retail whale in the current cycle, driven entirely by the failure of high-leverage strategies against a bearish trend.