BAYC #32 sold for 12.5 ETH... long position unrealized loss of $32,000
Original headline마치, BAYC #32 12.5ETH 매각…롱 평가손실 3만2000달러
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Machi sold Bored Ape Yacht Club (BAYC) #32 for 12.5 ETH on the 7th, with the NFT changing hands at roughly $28,000 on OpenSea. The same observation flagged a $32,000 unrealized loss on Machi's 25x leveraged Ethereum long, a 540 ETH position opened at $2,304.23 per ETH with a liquidation price of $2,203.40. The sale matters because it shows a prominent NFT holder offloading blue-chip assets while sitting on a leveraged ETH position that is underwater. Traders will watch whether ETH holds above the $2,203.40 liquidation threshold and whether further BAYC sales follow.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Machi, Bored Ape Yacht Club, Ethereum (ETH), OpenSea, BlockBeats
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