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Machi Big Brother Sells Bored Ape NFT at 14.89 ETH Loss After Latest Liquidation

Crypto Market Down

Jeffrey Huang, better known in the crypto community as Machi Big Brother, sold a Bored Ape Yacht Club NFT for 8.61 ETH after being liquidated on a leveraged Ethereum position, realizing a loss of about $28,000 on the digital collectible.

Machi Big Brother Liquidated on ETH Trade
Machi Big Brother Liquidated on ETH Trade

Specifically, on-chain data showed Huang sold Bored Ape #6801 roughly two hours ago. He acquired the NFT three years earlier for 23.5 ETH, resulting in a realized loss of 14.89 ETH.

Machi Big Brother Sold Bored Ape NFT
Machi Big Brother Sold Bored Ape NFT

Source: Lookonchain