Brother Ma Ji's assets on Hyperliquid have dropped from nine figures to below one million

GateUser-7b078580 · 2026-03-12T07:01:04+00:00

Renowned trader Big Brother Maji's account on the Hyperliquid platform suffered a severe blow, with net assets falling below $1 million and unrealized losses reaching up to $28 million. Just five months ago, his account assets were close to $100 million, highlighting significant losses in derivatives trading. To maintain his long leverage positions, he had to dip into treasury funds from five years ago, reflecting the trader's helplessness in the market downturn.

GateUser-7b078580

2026-03-12 07:01:04

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Renowned trader Big Brother Maji suffered a severe blow to his account on the Hyperliquid platform. According to on-chain data analysis platform Arkham’s monitoring, this former high-volume trader’s account net worth has now fallen below $1 million, with unrealized losses totaling up to $28 million.

From Wealthy to Struggling

What makes this data particularly shocking is the time comparison—just five months ago, Big Brother Maji’s account assets were close to nine figures (nearly $100 million). In just a few months, the assets have shrunk to their current level, with such a drastic decline indicating huge losses in derivatives trading on Hyperliquid.

Using Old Treasury Funds to Maintain Leverage Positions

To continue meeting margin requirements for long positions on Hyperliquid, Big Brother Maji was forced to use treasury funds from PleasrDAO deposited five years ago. Wu’s report revealed this detail, showing that his account is now in a situation where it must mobilize existing funds to support its positions. This reflects the trader’s helplessness when facing ongoing losses in the derivatives market—using historical assets to cover current losses.

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