Machi Big Brother Sells 34 BAYC NFTs at 90% Loss for ETH Bets
Machi Big Brother sold 34 Bored Ape Yacht Club NFTs over the past month for 326 ETH (~$514K), realizing a 399 ETH (~$631K) loss versus acquisition costs. BAYC #6057 was sold for 7.65 ETH after being purchased for 76.84 ETH four years ago, a 90% value wipeout. The sales are reportedly to fund aggressive ETH long positions on Hyperliquid.
Detected & updated continuously · Source: Ruma
Sources
@g13m
machi just nuked this left Ape for 7.65 ETH. He paid 76.84 ETH for it 4 years ago. 90% value absolutely wiped. meanwhile, i bought this Crown Ape on the right for 162 ETH and it’s a forever HODL. never selling for peanuts. how much did you buy your Ape for? https://t.co/FVJCoW6ZOr
@Blockcastcc
NEW NEWS: Machi Big Brother sold 34 BAYC NFTs over the past month for 326 ETH (~$514K), realizing a 399 ETH (~$631K) loss versus acquisition costs, including a 90% loss on BAYC #6057 (bought at 76.84 ETH, sold at 7.65 ETH).
@EyeOnChain
Machi Is Selling BAYCs to Keep Betting on $ETH . Machi Big Brother appears to be selling off his Bored Apes to fund his aggressive ETH longs on Hyperliquid. Over the past month, he's sold 34 Bored Apes for a total of 326 ETH (about $514K), realizing a loss of 399 ETH (roughly https://t.co/P7ydXlNbyI
