{"id":41421,"date":"2026-02-23T08:21:54","date_gmt":"2026-02-23T08:21:54","guid":{"rendered":"https:\/\/financialrush.com\/?p=41421"},"modified":"2026-02-23T08:21:54","modified_gmt":"2026-02-23T08:21:54","slug":"whale-liquidated-for-61-5-million-as-bitcoin-tumbled-to-new-lows","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=41421","title":{"rendered":"Whale Liquidated for $61.5 Million as Bitcoin Tumbled to New Lows"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\t\tMachi Big Brother was also partially wrecked as ETH&#8217;s price dropped by $200.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<div>\n<p>It was another sharp drop for bitcoin earlier this morning when the asset plunged to its lowest level in over two weeks at under $64,500.<\/p>\n<p>Given the <a href=\"https:\/\/cryptopotato.com\/btc-flash-dump-why-bitcoin-fell-4k-in-hours-and-what-comes-next\/\">extent and speed of the crash<\/a>, the total value of wrecked positions skyrocketed within hours to almost $500 million. Within this timeframe, almost 140,000 traders were wrecked, according to data from CoinGlass. However, one case in particular raised a few eyebrows.<\/p>\n<p>An unknown whale was wrecked for $61.51 million in the past day during BTC\u2019s painful drop. The liquidation took place on HTX and involved the BTC\/USDT trading pair.<\/p>\n<figure id=\"attachment_1429497\" aria-describedby=\"caption-attachment-1429497\" style=\"width: 1363px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/02\/Screenshot-2026-02-23-100023.png\"><\/a><figcaption id=\"caption-attachment-1429497\" class=\"wp-caption-text\">Cryptocurrency Liquidations Daily. Source: CoinGlass<\/figcaption><\/figure>\n<p>Another whale that was hit during the dip was Machi Big Brother \u2013 the Taiwanese-American entrepreneur and former musician, whose real name is Jeffrey Huang.<\/p>\n<p>Data from Lookonchain shows that he was partially liquidated on his ETH position. <em>CryptoPotato<\/em> <a href=\"https:\/\/cryptopotato.com\/is-this-the-end-of-the-machi-big-brother-dump-giant-whale-clings-to-last-1m-after-disaster\/\">reported<\/a> a few days ago that his entire crypto portfolio had fallen below $1 million, posting a loss of around $28 million.<\/p>\n<p>Although that amount has risen to over $28.8 million following the latest liquidation, he continues to build on his Ethereum longs, now holding 1,700 tokens, worth $3.2 million.<\/p>\n<p>ETH\u2019s price was rejected at $2,000 over the weekend and plunged to $1,850 for the first time since the February 6 crash, when it bottomed at $1,750.<\/p>\n<h3 id=\"you-may-also-like\" class=\"heading-4\">You may also like:<\/h3>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The market just crashed, and Machi(<a href=\"https:\/\/twitter.com\/machibigbrother?ref_src=twsrc%5Etfw\" target=\"_blank\">@machibigbrother<\/a>) was partly liquidated again.<\/p>\n<p>But he keeps adding to his <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$ETH<\/a> long position.<\/p>\n<p>He now holds 1,700 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$ETH<\/a>($3.21M), with a liquidation price of $1,818.74.<\/p>\n<p>His total loss has passed $28.8M.<a href=\"https:\/\/t.co\/P6lglcgpyo\" target=\"_blank\">https:\/\/t.co\/P6lglcgpyo<\/a> <a href=\"https:\/\/t.co\/t9cEDpOzQ1\" target=\"_blank\">pic.twitter.com\/t9cEDpOzQ1<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/2025741450642858469?ref_src=twsrc%5Etfw\" target=\"_blank\">February 23, 2026<\/a><\/p>\n<\/blockquote>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<div><center><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Exclusive)<\/span><\/center><br \/>\n<b>Binance Free $600 (CryptoPotato Exclusive): <a href=\"https:\/\/cryptopotato.com\/binance600f\/\" rel=\"nofollow\">Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (<a href=\"https:\/\/cryptopotato.com\/binance600d\/\">full details<\/a>).<\/p>\n<p><b>LIMITED OFFER for CryptoPotato readers at Bybit: <a href=\"https:\/\/cryptopotato.com\/pl\/bybit24\/\" rel=\"nofollow\">Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>\n<br \/><a href=\"https:\/\/cryptopotato.com\/whale-liquidated-for-61-5-million-as-bitcoin-tumbled-to-new-lows\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"&#13; Machi Big Brother was also partially wrecked as ETH&#8217;s price dropped by $200. It was another sharp&hellip;\n","protected":false},"author":2,"featured_media":7657,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-41421","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/41421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41421"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/41421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/7657"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}