Taiwanese music celebrity and high-profile digital asset investor Jeffrey Huang, also known as “Machi Big Brother,” sold all his Hyperliquid holdings at a multimillion-dollar loss amid mounting concerns over the token’s upcoming vesting schedule.

The celebrity and popular data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/high-profile-bayc-collector-denies-allegations-of-wrongdoing-brought-by-defi-detective” title=”null”>Bored Ape Yacht Club collector sold $25.8 million worth of Hyperliquid ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/hyperliquid-price-index” title=”null”>HYPE) tokens, realizing a total loss of $4.45 million after weeks of holding, according to blockchain data shared by pseudonymous analyst MLM in a Tuesday X data-ct-non-breakable=”null” href=”https://x.com/mlmabc/status/1970376785930887402″ rel=”noopener nofollow” target=”_blank” title=”null”>post.

The account has also forfeited more than $19…

Taiwanese music celebrity and high-profile digital asset investor Jeffrey Huang, also known as “Machi Big Brother,” sold all his Hyperliquid holdings at a multimillion-dollar loss amid mounting concerns over the token’s upcoming vesting schedule.

The celebrity and popular data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/high-profile-bayc-collector-denies-allegations-of-wrongdoing-brought-by-defi-detective” title=”null”>Bored Ape Yacht Club collector sold $25.8 million worth of Hyperliquid ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/hyperliquid-price-index” title=”null”>HYPE) tokens, realizing a total loss of $4.45 million after weeks of holding, according to blockchain data shared by pseudonymous analyst MLM in a Tuesday X data-ct-non-breakable=”null” href=”https://x.com/mlmabc/status/1970376785930887402″ rel=”noopener nofollow” target=”_blank” title=”null”>post.

The account has also forfeited more than $19…