Huang Licheng, known on social media as "Machi Big Brother," sold three Bored Ape Yacht Club (BAYC) NFTs at a combined realized loss of approximately $246,000. On-chain data tracked by Onchain Lens shows his total acquisition cost was 188 ETH (~$318,730), while sale proceeds totaled just 32.5 ETH (~$72,460), resulting in a net loss of 155.5 ETH.
The individual sales were sharply underwater: BAYC #9770 sold for 10.5 ETH against a 36 ETH purchase price; BAYC #4069 fetched 9.5 ETH versus its 47 ETH entry cost; and BAYC #32 went for only 12.5 ETH despite being acquired at 105 ETH—the steepest single loss among the three.
Machi Big Brother Dumps Three Bored Apes at $246K Combined Loss
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