The Buddy executed a "Monkey Degen" strategy, selling 34 Bored Ape Yacht Club (BAYC) NFTs in a recent move to buy the dip, receiving 326 ETH but realizing a loss of 399 ETH.

BlockBeats News, June 28th, according to LookintoChain monitoring, renowned NFT collector Machi Big Brother recently appeared to have provided funding for his ETH long position on Hyperliquid through the sale of Bored Ape Yacht Club (BAYC) NFTs.

The data shows that over the past month, Machi has sold a total of 34 BAYC NFTs, accumulating 326 ETH (approximately $514,000), but suffered a total loss of 399 ETH (approximately $631,000).

Among them, Bored Ape #6057 represents his largest loss-making transaction. The NFT was bought four years ago for 76.84 ETH and was recently sold for only 7.65 ETH, representing a loss of approximately 90%.

At the same time, Machi's ETH long position on Hyperliquid has recently faced multiple liquidations. LookintoChain stated that he was liquidated again about 3 hours ago, and his current account balance is only about $81,000.