TOKENPOST
1 min read
Add as a preferred source on Google

Machi Big Brother Sells 31 BAYC NFTs at a Loss, Keeps 75

The sales brought in 231 Ether (ETH), worth about $506,000, to fund leveraged long positions.

By Enna Lee
Published
Mentioned assets
A framed ape portrait hangs above a row of empty mounts / TokenPost.ai
A framed ape portrait hangs above a row of empty mounts / TokenPost.ai

Machi Big Brother sold 31 Bored Ape Yacht Club (BAYC) NFTs over the past week to fund leveraged long positions. The sales were used to fund leveraged long positions.

The transactions brought in 231 Ether (ETH), worth about $506,000. Each sale was made at a loss, and Machi Big Brother had 75 BAYC NFTs remaining.

On Nov. 10, he sold two BAYC NFTs for $30,400, taking an $86,980 loss.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…