Machi Big Brother's BAYC Sales and Hyperliquid Liquidations Result in $6.3 Million Loss

Machi Big Brother, a prominent figure in the NFT space, has suffered significant losses due to liquidations on his Hyperliquid long positions and sales of Bored Ape Yacht Club (BAYC) NFTs.

According to Lookonchain monitoring by Odaily, Machi Big Brother sold 34 BAYC NFTs over the past month for a total of 326 ETH, resulting in a loss of 399 ETH or approximately $6.31 million USD.

One notable example is the sale of Bored Ape #6057, which was purchased four years ago for 76.84 ETH and recently sold for 7.65 ETH, representing a staggering loss of 90% in value.

The liquidations on his Hyperliquid long positions have further exacerbated his losses, with his account balance dropping to $81,000 USD after the latest liquidation just three hours prior to reporting.