Machi sold 31 Bored Apes within a week, losing all 231 ETH in trading

Odaily reports that according to Lookonchain monitoring, Machi (@machibigbrother) is selling Bored Apes to fund leveraged long positions. Over the past week, Machi sold 31 Bored Apes at a loss, obtaining 231 ETH worth approximately $506,000, but all the ETH proceeds were lost in trading. Currently, Machi has only 75 Bored Apes remaining.