Jeffrey Huang, known as Machi Big Brother, saw his Hyperliquid trading account drop from $12.25 million to approximately $21,800 after a liquidation on October 15, 2026. The trader had turned an initial $56,000 into $12.25 million over four months of leveraged trading. Crypto derivatives liquidations reached approximately $811 million on October 14, amid Bitcoin falling below $81,000 and Ethereum approaching $2,380. U.S. spot Ethereum ETFs recorded $542.2 million in weekly outflows for the week ending October 9, while September annual inflation came in at 3.7%, above the 3.6% market forecast.
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