NFT whale Jeffrey hwang, 1010 units in 48 hours NFTselling so far “biggest NFT dump”performed.
NFT whale popularly known as “Machi Big Brother” Jeffrey Hwang attracted attention by selling 1,010 NFTs. Hwang earned 11,680 Ethereum ($18.7 million) for these transactions. While it’s not clear why Hwang is dumping a record NFT, the estimates are starting to come in. Many crypto users consider this transaction to be a preparation for the upcoming activity.
Machi Big Brother Sold 1010 NFTs
nansendevelopment technician Andrew ThurmanIn his post on Twitter, Jeffrey Hwang’sof NFT sales “probably the largest NFT dump ever”stated that.
from Nansen Thurman, Hwang’sRegarding the NFT sales, he suggested that due to the preparation of a second airdrop on the Blur platform, it may have been done to collect extra BLUR token rewards and at the same time make some profit.
In what's likely the largest NFT dump ever, in the past 48 hours Machi has sold 1,010 NFTs, including:
– 90 BAYC for 5707 ETH
– 191 MAYC for 3091 ETH
– 112 Azuki for 1644 ETH
– 308 Otherdeed for 582 ETHBut he's not registering much profit for these collections. Why? pic.twitter.com/4NyMF3gzuy
— Andrew T (@Blockanalia) February 24, 2023
1,010piece NFTselling Hwang’s, in this sales event, 90 Bored Ape Yacht Club (BAYC) NFTs, 191 Mutant Ape Yacht Club (MAYC) NFTs and 308 Otherdeed NFTs were sold.
hwang In addition to popular NFTs, it has also discontinued many NFT products. Of these transactions, the total It generated $18.7 million in Ethereum revenue.Moreover hwang, after the sales transactions, quickly Bought back 991 NFTs . Evaluating this remarkable move Thurmanclaimed that it was carried out for participation in Blur airdrops and for the purpose of making a little profit.
