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Machi sold Bored Ape 2894 for 7.3 ETH after holding for 5 years, losing 117.7 ETH

Odaily reports that according to Lookonchain monitoring, Machi (@machibigbrother) bought Bored Ape 2894 for 125 ETH 5 years ago and recently sold it for 7.3 ETH, incurring a loss of 117.7 ETH, approximately $204,000. Lookonchain stated that Machi did this to raise funds for high-leverage trading.