Machi Big Brother sold 31 Bored Ape Yacht Club (BAYC) NFTs over the past week to fund leveraged long positions in cryptocurrency. The sales generated 231 Ether (ETH), worth about $506,000, but each sale was made at a loss. For example, on November 10, two BAYC NFTs were sold for $30,400, resulting in an $86,980 loss. Despite these sales, Machi Big Brother still holds 75 BAYC NFTs. This move highlights the risks and strategies involved in using NFTs to finance leveraged crypto trades.
Machi Big Brother's BAYC NFT sales provide context for digital asset activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 12, 2026 06:31 WIB: out of 50 priced cryptocurrencies, 14 rose and 35 fell. Notable movers include CRV at Rp4.310 with a -3.77% change and 100% buy order activity, EGLD at Rp51.175 with a -3.69% change and 100% buy order activity, and AAVE at Rp2.160.772 with a -3.35% change and 64% buy order activity.
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