Cryptocurrency trader Machi Big Brother is once again attracting attention. After new on-chain data showed large losses. He continues to open long positions with high leverage. Overall, his accounts have declined by more than $27.8 million, according to tracking data shared on Feb. 18. Still, he continues to gain exposure across several tokens. The positions are highly leveraged, with some reaching 25x and even 40x. The activity has sparked a strong reaction online, with traders debating whether this is a conviction or pure risk-taking in a weak market.
Heavy long positions with high leverage
Recent data shows that Machi holds several major long positions. His biggest bet is Ethereum, with a 25x leveraged position worth about $13 million. He also holds nearly $1.7 million worth of Bitcoin long with 40x leverage. In addition to that, he opened a small leverage long. $HYPE And VVV token.
Despite suffering huge losses, Machi (@machibigbrother) continues to increase new positions using maximum leverage. He has now lost more than $27.8 million.
Currently, Machi has the following long positions:
– $ETH (25x) is worth $13.08M
– $BTC (40x) is worth $1.69 million
– $HYPE The value of (10x) is… pic.twitter.com/1YR04Q4WkR— Onchain Lens (@OnchainLens) February 18, 2026
His open positions total more than $16 million. Meanwhile, his account value is just over $1.1 million. This results in a leverage ratio of approximately 14x. The account also shows zero free margin available. That means he has little buffer if the price moves against him.
Thin profit margins and continuous losses
Current trading statistics show negative returns across the account. At this point, unrealized gains and losses have decreased by more than $150,000. Over the past week, he lost about $400,000 in perpetual futures trades. The numbers show an interesting combination. His win rate is close to 80% and he seems strong.
However, the maximum drawdown reaches almost 95%. This means that even if you win often, a few big losses will wipe out most of your capital. His exposure also lasts long enough. The account shows 100% long positions and no shorts. Therefore, the strategy depends entirely on market recovery. If prices fall further, liquidation risk increases rapidly.
double gusset pattern
This is not the first time Machi has taken an extreme position. He has a history of placing large bets across crypto platforms. Past trades have included large swings in NFTs, social tokens, and leveraged derivatives. Some reports put losses in the tens of millions of dollars in early cycles. The current situation follows a similar pattern.
Despite the big drawdown, he continues to add or open new positions. Many traders refer to this as the “double down” strategy. It also works during strong rebounds. However, it can be dangerous if the market is volatile or declining. The reaction online has been harsh. Some users called the move reckless. Some say it shows faith and a high tolerance for risk. In any case, this account remains one of the hottest whale positions at the moment.
High-risk strategies attract attention
As of now, Machi Big Brother still has over $16 million open long in his account. However, the margin buffer remains very thin. Even a slight market decline can trigger a forced liquidation. This situation highlights a well-known lesson in crypto trading. High leverage allows for faster profits, but it also means faster losses. Even if you are a famous trader, you are not safe from that reality. Furthermore, as long as the position remains open, the market will decide how this story ends.
