Machi sold 3 BAYC to raise funds and continues to open long ETH positions, with the position value approximately $1.479 million.

BlockBeats news, November 9th, according to EmberCN monitoring, "Machi Big Brother" Huang Lih-cheng, after his ETH long position was liquidated again, sold 3 BAYC NFTs to raise 17.2 ETH, approximately $36,800. He then withdrew 100 ETH (about $213,000) from Coinbase. After replenishing funds, he continued to open a long position of about 690 ETH with 25x leverage, with the position value at approximately $1.479 million.

Source

Correction/Report

RelatedRecommended

BAYC holder confession: From swamps to the moon, have I lost faith in BAYC?

BAYC is no longer the same BAYC from two years ago, it has battle scars, new members, and a million new things in its ecosystem.

Why do foreign stars use MoonPay to buy BAYC?

BAYC is all the rage. Why do foreign celebrities buy it?

Revisiting the Rise of BAYC

The six key factors of BAYC's great success are sorted out one by one: founding team, story background, website operation, pricing strategy, user communication, and community creativity.

CryptoPunks and BAYC, the data on the chain tells you who is the king

NFTGo's on-chain data analysis of CryptoPunks and BAYC

Solidity extremely brief introduction | ERC721 project about 4: BAYC contract serious vulnerabilities

On-Chain Activity