Huang Licheng, known as Machi Big Brother, has sold three Bored Ape NFTs, raising 27.42 ETH (approximately $44,000) despite incurring a loss of 25 ETH ($40,000). The sale was made to fund an increase in his Ethereum long position. Currently, he holds a long position of 2,600 ETH, valued at $4.2 million, with a liquidation price set at $1,596.69.
Machi Big Brother Sells Bored Ape NFTs to Boost ETH Long Position
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