rewrite this content and keep HTML tags as is. This is content from rss feed and I don’t need their *Daily Debrief Newsletter*, their tags from bottom like this *Share this articleCategoriesTags*, Editorial Process section, phrases like *Featured image from Peakpx, chart from Tradingview.com*, SPECIAL OFFERS and similar sections – just remove such sections and save only article itself:
Three Bored Ape sales at steep losses accompanied a month-long contraction in the leveraged Ethereum account that Lookonchain publicly tracks as Machi Big Brother’s. By Aug. 14, official venue data showed the ETH long had been cut by more than half, yet the market remained close to the account’s liquidation line.
At 3:51:43 p.m. UTC, Hyperliquid’s public Info API showed the address holding a 2,500 ETH long with a displayed 25x leverage setting and a liquidation price of $1,859.15, and 14 seconds later the venue’s ETH midpoint was $1,881.65. That left an indicative $22.50 gap, with the midpoint 1.21% above the reported liquidation price at that moment.
The position was 52.51% smaller than the 5,264 ETH long position Lookonchain reported on July 14. Its liquidation price was $102.39 higher than the $1,756.76 level in that earlier snapshot. The two figures captured less exposure without a wide cushion against further market weakness.
Etherscan labels the address as machibigbrother.eth, while HypurrScan shows an account page for the same hexadecimal address, supporting the public address attribution used by Lookonchain. Person-level control at every observation and Jeffrey Huang’s wider finances remain outside the explorers’ evidence.
The Ethereum position shrank as the danger line rose
The sequence is clearest when each number is frozen to its observation time.
DateReported eventETH longLiquidation priceSourceJuly 14Bored Ape #251 sold at a 6.99 ETH loss5,264 ETH$1,756.76LookonchainJuly 31Three liquidations reportedUnavailable$1,843.40 reportedLookonchain, Hyperliquid APIAug. 5Bored Ape #5670 sold for 9 ETH3,450 ETH$1,839.37LookonchainAug. 13Bored Ape #5715 sold for 8.3 ETH2,800 ETH$1,863.08LookonchainAug. 14, 3:51:43 p.m. UTCDirect account snapshot2,500 ETH$1,859.15Hyperliquid API
Hyperliquid fill data corroborated three July 31 close-long groups at 1:47:16 p.m., 2:04:59 p.m., and 2:06:57 p.m. UTC. They closed 700 ETH, 560 ETH, and 448 ETH, respectively, for 1,708 ETH in total and about $96,301 in aggregate negative closed PnL.
The direct data supports the size, timing, and loss of the closures. The sub-$100,000 account balance and later $1,843.40 liquidation price rely on the tracker’s post.
From July 14 to that snapshot, the position fell from 5,264 ETH to 2,800 ETH, a 46.81% reduction, while the liquidation price moved from $1,756.76 to $1,863.08, exactly $106.32 higher.
The next day, the long was 52.51% below its July size, while the liquidation price was $102.39 above the July baseline. In the 24 hours after Lookonchain’s last post, the long had fallen another 300 ETH and the liquidation price had eased $3.93.
Lookonchain said Bored Ape #251 was sold at a 6.99 ETH loss on July 14, and an Aug. 5 post showed Bored Ape #5670 sold for 9 ETH after a displayed 84.99 ETH purchase, a 75.99 ETH or 89.4% loss in ETH terms.
On Aug. 13, it reported Bored Ape #5715 sold for 8.3 ETH after a 34.17 ETH purchase, a difference of 25.87 ETH.
Lookonchain described the sales as efforts to support the Ethereum long, but the available public trail stops short of a complete buyer-payment-to-address-to-Hyperliquid chain. The reported sales and account stress form a correlated sequence, while the effect of any particular sale on the liquidation price or position survival remains unresolved.
What the NFT sales reveal about collateral stress
The Hyperliquid account was repriced continuously, producing timestamped changes in its position and liquidation level. Each Bored Ape produced value only when it found a buyer, and the reported sales locked in losses against the tokens’ historical purchase prices.
The account’s risk did not follow the NFT sales in a simple line. The liquidation price rose as the long shrank through Aug. 13, then moved slightly lower as another 300 ETH disappeared from the position by Aug. 14.
Those observations leave the account’s changing threshold dependent on more than position size or one visible asset sale.
They also show why converting an NFT into fungible value doesn’t make a leveraged trade safe. Whatever the sales’ ultimate destination, the directly visible result at the latest timestamp was a 2,500 ETH long with the Ethereum midpoint only 1.21% above its liquidation price.
The 1.21% figure compares offers at a timestamped gap, but prices, fills, and account equity can change immediately, so the position may already have moved again.
