**[Machi Responds to "Investment Portfolio Surging 84x" Rumors: Fake News]** BlockBeats News, August 26 — "Machi Big Brother" Jeffrey Huang posted a response stating that recent reports from media outlets in Taiwan claiming his investment portfolio had surged 84 times in returns are "fake news." Earlier reports suggested that "Machi Big Brother" Jeffrey Huang capitalized on last week's unilateral rally in the crypto market, turning approximately $150,000 into $11.15 million through leveraged long positions, recovering around $11 million in total. Over the past 10 months, he reportedly incurred losses of approximately $35 million from long positions in $ETH. Following this recent profit, his historical losses have narrowed to around $24 million. On-chain data previously indicated that his cumulative historical losses remain in the tens of millions of dollars range. [Original Link]