๐จ HE SOLD A BORED APEโฆ TO BUY MORE ETH. ๐๐ฅ
Machi (@machibigbrother) just sold Bored Ape #251 at a loss of 6.99 $ETH (around $12.4K).
Why?
To raise more capital for an even bigger ETH long position. ๐
His current position is massive:
๐ 5,264 $ETH
๐ฐ Worth approximately $9.38 MILLION
โ ๏ธ Liquidation price: $1,756.76
Thatโs a bold move.
Selling an NFT at a loss just to increase exposure to $ETH shows strong conviction in Ethereumโs upside.
Will it pay off?
Only the market can answer that.
But one thing is clearโฆ
Whales are continuing to make aggressive bets on $ETH, even if it means sacrificing other assets along the way.
Would you sell an NFT to buy more $ETH? ๐๐
$SXT
#Ethereum #ETH #NFT #Crypto #Whales
Machi (@machibigbrother) just sold Bored Ape #251 at a loss of 6.99 $ETH (around $12.4K).
Why?
To raise more capital for an even bigger ETH long position. ๐
His current position is massive:
๐ 5,264 $ETH
๐ฐ Worth approximately $9.38 MILLION
โ ๏ธ Liquidation price: $1,756.76
Thatโs a bold move.
Selling an NFT at a loss just to increase exposure to $ETH shows strong conviction in Ethereumโs upside.
Will it pay off?
Only the market can answer that.
But one thing is clearโฆ
Whales are continuing to make aggressive bets on $ETH, even if it means sacrificing other assets along the way.
Would you sell an NFT to buy more $ETH? ๐๐
$SXT
#Ethereum #ETH #NFT #Crypto #Whales