Machi Big Brother sells another BAYC NFT, losing about $47,900 after holding for three years.
Original headline黄立成再度出售 BAYC NFT，持有三年亏损约 4.79 万美元
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Machi Big Brother sold Bored Ape Yacht Club NFT #7256 for 7 ETH, roughly $14,900, according to Onchain Lens data cited by TechFlow on November 10. The sale came about three years after he bought the token for 34.2 ETH, then worth around $62,700, a shortfall of 27.2 ETH and an estimated loss of $47,900, or about 76.3% in dollar terms. The transaction underscores how far blue-chip NFT prices have fallen from their 2021-2022 peak and adds to a string of disposals by the Taiwanese-American investor. Traders will watch whether other long-term BAYC holders realize similar losses and whether ETH-denominated NFT floors stabilize.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
黄立成 (Machi Big Brother), BAYC #7256, Bored Ape Yacht Club, ETH (ETH), Onchain Lens
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