NFT whale Jeffrey Hwang, also known as Machi Big Brother, dumped 1,010 tokens for 11,680 Ether, or $18.6 million, within 48 hours, according to data from Nansen,
The major selling event included 90 Bored Ape Yacht Club NFTs, 191 Mutant Ape Yacht Club NFTs, and 308 Otherdeed NFTs.
Nansen's simian psychometric enhancement technician, Andrew Thurman, spotted the trading activity over two days and said in a discussion on Twitter on February 25 that it's possibly the largest NFT dump ever.
Thurman speculated that Machi Big Brother's swift purchase of 991 NFTs again may have been an attempt to register some profits while simultaneously engaging in one massive wash trade to produce huge disproportionate airdrop profits or transparent market manipulation.
One of the major recipients of the Blur token airdrop from fledgling NFT marketplace Blur is apparently Machi.


OpenAI Files Confidential IPO Draft as AI Giants Race Toward Public Markets
Intesa Sanpaolo Launches €30.6 Billion Bid for Monte dei Paschi to Drive Italian Banking Consolidation
US Dollar Edges Higher as Inflation Data and Middle East Tensions Shape Market Sentiment
Trump Signals Opposition to USMCA Renewal as U.S. Reviews Trade Relations with Canada and Mexico
J.P. Morgan Sees Major Upside for Prysmian as Optical Fiber Prices Surge
Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit
Bouygues, Orange and Iliad Strike €20.35 Billion Deal to Acquire SFR
BitGo Expands Regulated Crypto Trading Services in MENA
Gordie Howe International Bridge Set to Open, Boosting U.S.-Canada Trade Links
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure
Gold Prices Drop as Strong Dollar, Rising U.S.-Iran Tensions Weigh on Market Sentiment
GSK Reportedly Nears $9 Billion Acquisition of Cancer Drug Developer Nuvalent
US Stock Futures Slip as New Iran Strikes Weigh on Market Sentiment Ahead of Inflation Data
South Korea Q1 GDP Growth Revised Higher as AI-Driven Exports Boost Economic Outlook




