Machi Big Brother, known for his high-stakes trading on the decentralized exchange Hyperliquid, has seen his holdings fall below $1 million following a $28 million loss. Blockchain data from Arkham Intelligence reveals that the Taiwanese-American entrepreneur, Jeffrey Huang, added margin to his Hyperliquid positions using funds from the PleasrDAO treasury. Once boasting a net worth close to nine figures, his financial standing has dramatically declined over recent months. Huang, a controversial figure in the crypto space, has a history of significant gains and losses. He launched the Mithril project in 2017, which quickly collapsed, and later co-founded Formosa Financial, which lost 22,000 ETH under mysterious circumstances. His ventures into DeFi with Cream Finance and other projects also faced substantial setbacks. Despite these challenges, Huang amassed a significant NFT collection, which he liquidated in a move that impacted market prices. His recent ventures, including the Boba Oppa meme coin, have similarly struggled, raising questions about his future in the crypto industry.