Trader Lost $12 Million in Profit After 219x Deposit Growth

Trader known as Machi Big Brother, famous in the crypto community for his risky trades, has once again faced massive losses. The user turned an initial deposit of $56,000 into a sum of about $12.25 million, but ultimately lost almost everything.

Over four months of trading, he increased his deposit nearly 219 times. However, high market volatility led to the complete liquidation of his position. At present, only $21,800 remains on his trading account, representing a drop of 99.82% from its peak value.

According to calculations by artificial intelligence Grok, since the end of last year, this trader has experienced more than 500 liquidations. This demonstrates an extremely high frequency of errors when using leverage on derivative markets.

• Initial capital was $56,000
• Peak portfolio value reached $12.25 million
• Deposit increase was 219 times over 4 months
• Current balance: $21.8 thousand
• Total number of liquidations since late last year exceeded 500

The trader's maximum unrealized profit was previously estimated at nearly $45 million. Nevertheless, the lack of strict risk management wiped out all accumulated results, leaving behind only a statistical example of the high volatility of the crypto market.