Machi(
@machibigbrother) is selling Bored Apes at a loss to fund his $ETH longs on Hyperliquid.
Is he running out of money?
Over the past month, Machi has sold 34 Bored Apes for 326 $ETH ($514K), incurring a loss of 399 $ETH($631K).
His biggest loss was on Bored Ape #
6057#, which he bought 4 years ago at 76.84 $ETH and sold for just 7.65 $ETH — a 90% loss.
Meanwhile, he has been repeatedly liquidated on Hyperliquid.
Just 3 hours ago, he was liquidated again, leaving his account with only $81K.