Loss of 76 ETH: Machi Sells Bored Ape 5670 Held for 5 Years, Backing $6.44M ETH Long Position

Odaily News: According to Lookonchain monitoring, Machi (@machibigbrother) purchased Bored Ape 5670 for 85 ETH five years ago and sold it today for just 9 ETH, incurring a loss of 76 ETH (approximately $142,000), a decline of 89.4%. Subsequently, he used the proceeds to continue supporting his ETH long position. The current position stands at 3,450 ETH, valued at $6.44 million, with a liquidation price of $1,839.37.