- NFTs worth $18.6 million Ether were sold in 48 hours.
- BLUR dropped 1.8 billion BLUR in its first round.
As per Nansen’s data, Değiştirilemez Jeton [NFT] whale Jeffrey Hwang aka Machi Big Brother sold 1,010 tokens for 11,680 Eter [ETH] ($18.6 million) within 48 hours.
Andrew Thurman, Nansen’s simian psychometric enhancement technician, highlighted the trading activity over the previous two days in a Twitter thread yesterday. He noted that it’s likely the largest NFT dump ever. To name a few, the major selling event included 90 Fored Ape Yat Kulübü [BAYC] NFT'ler, 191 Mutant Ape Yat Kulübü [MAYC] NFTs, and 308 Otherdeed NFTs.
Muhtemelen şimdiye kadarki en büyük NFT düşüşü olan Machi, son 48 saat içinde 1,010 NFT sattı:
– 90 ETH için 5707 BAYC
– 191 ETH için 3091 MAYC
– 112 ETH için 1644 Azuki
– 308 ETH için 582 Diğer senetAncak bu koleksiyonlar için fazla kar kaydetmiyor. Neden? pic.twitter.com/4NyMF3gzuy
- Andrew T (@Blockanalia) Şubat 24, 2023
Machi Big Brother, however, quickly bought back 991 NFTs, prompting Thurman to speculate that it could be a play to either book some profits while also conducting one big wash trade to generate huge Blur AirDrop profits, or a pretty obvious market manipulation.
Machi is said to be one of the biggest recipients of the Bulanıklaştırma [BULANIKLIK] token AirDrop from the NFT marketplace Blur, which recently surpassed OpenSea as the top-ranked NFT platform in terms of trading volume, according to kumul.
On 14 February, the project began distributing its first round of airdrops to the community, with the number of tokens distributed based on the user’s level of platform engagement and Ethereum-based NFT trading activity.
Blur’s Value drops
On 17 February, blockchain analytics platform Arkham Intel tweeted that Machi received 1.8 million BLUR and cashed it out for $1.3 million. As a result, Machi could earn some new BLUR tokens in the next round by increasing NFT trading activity, while other whales may do the same.
Machibigbrother received 1.8M $BULANIK yesterday. That was over a $1M at the time of the drop, and around $1.8M now.
How did he play the airdrop?
Let’s check his address out: pic.twitter.com/T10GF4HU0j
- Arkham (@arkhamintel) Şubat 16, 2023
Göre veri collected from NFT Price Floor, the floor prices of top collections that Machi initially dumped have dropped 7.77%, 9.2%, and 8.16% in the last 24 hours, respectively.
In a subsequent post, Thurman noted:
“One man’s quest for an airdrop is wrecking some markets.”
The price of BLUR was $0.84 at the time of writing. This price showed a drop of 40% in the last seven days.
Moreover, the Blur team açıkladı this week that the project will soon AirDrop $300 million in tokens in its second round.
Source: https://ambcrypto.com/1010-nfts-sold-for-this-amount-is-this-the-largest-dump-ever/