Former top star in the entertainment industry lost millions of dollars, is "Brother Machi" becoming a "reverse myth" in the crypto world?
You may have heard Huang Lixing's "Separate Travels", but you may not be familiar with his brother Huang Licheng, who is "famous" in the crypto world. This Taiwanese OG hip-hop senior and founder of the live broadcast platform, nicknamed "Brother Machi", already possessed a fortune of hundreds of millions, but due to his operations in the Web3 field, he has become an unavoidable topic for crypto people.
Since entering the crypto world in 2020, he seems to have a "thunder-attracting constitution": every time he targets a popular project, it is often followed by a collapse or implosion after entering the market... As a result, it is rumored in the circle: "Once Brother Machi enters, retail investors must quickly withdraw." His label has also changed from "trend leader" to "risk signal light", and netizens jokingly said more directly: "The movement of his new project is more frightening than the movie trailer of "Crypto Reaper"."
Nearly 5 years of crypto performance: "Numb" from losses, but can't stop
- Operation BLUR: Buying at high points and adding positions, eventually losing 3.16 million
- Heavy position FRIEND: Betting on social tokens, losing 16.3 million
- All in PUMP contracts: Rushing into the market with high leverage, with a floating loss of over 10 million
Latest "famous scene": PUMP contract failed
Just after July, this "reverse indicator" made it out of the circle again with its operation. He publicly went short on PUMP, rushing into the Hyperliquid platform with 5x leverage, and the result was as expected - a floating loss of over 10 million US dollars, and onlookers laughed and called him "Crypto Reaper is online on time".
Talk about PUMP:
This is a popular MEME coin in the Solana ecosystem, which once rushed to tens of billions of market value in a few weeks. However, since "Brother Machi" entered the market at a high level, PUMP has started a sharp decline, with its market value shrinking to 3.1 billion, and even private equity funds are smashing the exchange, and the scene was once embarrassing.
In addition to repeatedly failing to speculate on coins, Huang Licheng has also been questioned for being involved in several suspected "rug projects" (projects that run away with money). On-chain investigation account ZachXBT once pointed out: "22 projects, 22 rugs", listing him as "one of the most notorious scythes in Web3".
Loss after loss, rush in again and again, "Brother Machi" lives in the crypto world like a "repeatedly defeated and repeatedly fighting" look.
Do you think he is a "bold man" who dares to break through? Or a "scythe" that harvests retail investors under the banner of a charge?
Come to the comment section to talk about what you think of this "Brother Machi"?
