Machi Big Brother Sells 3 Bored Apes for $246K Loss

The scale of the realized loss — roughly 77% of acquisition cost — underscores how far blue-chip NFT liquidity and pricing have compressed, and that a well-known holder is willing to crystallize it rather than wait. This matters less as a single trade than as a visible data point for BAYC holders and NFT-collateralized lending desks still marking positions against stale floors. Whether other large holders follow with similar exits, and how floor prices react to supply hitting the market, is the open question worth watching.