Whale sells 1,010 NFTs in 48 hours in ‘largest NFT dump ever’

Mar 15, 2023 | wjb news

According to Nansen, the irreplaceable token (NFT) whale Geoffrey Huang (alias Machi Big Brother) countersubsidised 1010 tokens within 48 hours at a price of 11680 ETH or $18.6 million.

In a Feb. 25 tweet, Nansen's ape psychology test enhancement specialist McGinnis Thurman elaborated on the trading theme event a few days ago and stressed that it may be the largest NFT sale to date.

The main marketing campaign includes 90 lonely ape yacht clubs (BAYC), NFTs,191 mutations, Ape yacht clubs (MAYC) NFTs and 308 other NFTs, to name just a few.

But Brother March quickly repurchased the 991 NFT, which Thurman believes could be a game, or "a big purge deal to bring huge profits from vague airdrops" or "very blatant sales market control" while making some profits. "

It is reported that Machi is one of the main recipients of airdropped goods from the Blur (ambiguous) token of Blur, which comes from behind. Blur has recently replaced OpenSea to become a NFT service platform with the largest trading volume.

On February 14th, the project gradually launched the first round of airdrop materials to the community, and the total number of airdrop tokens depends on the customer's channel participation and according to the NFT transaction theme activities of Ethernet Square.

On Feb. 17, blockchain technology data analysis platform Arkham Intel said that Machi received 1.8 million Blur and TX it for $1.3 million.

As a result, March is likely to get some new obscure tokens in the next round by adding NFT trading themes, but other dolphins are likely to be looking for the same approach.

According to NFT Price Floor, take a look at the cost prices of the top series that Machi initially sold. The prices of BAYC, MAYC and Otherdeed NFT have fallen by 7.77%, 9.2% and 8.16% respectively in the past 24 hours.

Thurman said in a later post: "one's yearning for airdropped materials has destroyed some sales markets."

According to CoinGecko, at the time of writing, the price of Blur was $0.79, down 17.7% in the past seven times.

On Feb. 22, the blurred elite team announced on Twitter that the project would soon drop $300 million in tokens in the second round of airdrops.