Machi Big Brother sells Bored Ape #5715 for 8.3 ETH, holds $5.3 million ETH long

Machi Big Brother trimmed an NFT (non-fungible token) holding while maintaining a large leveraged bet on Ether, according to Lookonchain. The on-chain tracker said he withdrew 1,540 USDC from Binance and sold Bored Ape #5715 for 8.3 ETH, worth about $15,600. The NFT had been bought three years ago for 34.17 ETH. Lookonchain added that he is currently holding a 2,800 ETH long position valued at $5.3 million, with a liquidation price of $1,863.08.

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