Whale sells 1,010 NFTs in 48 hours in ‘largest NFT dump ever’
With the Blur marketplace set for a second airdrop soon, Nansen’s Andrew Thurman theorized that this major NFT dump could be a play to reap extra BLUR token rewards while also booking some profits. According to data from Nansen, nonfungible token (NFT) whale Jeffrey Hwang — known colloquially as Machi Big Brother — dumped 1,010 tokens for a total of 11,680 Ether (ETH) or $18.6 million in the space of 48 hours. In a Feb. 25 Twitter thread, Nansen’s Simian Psychometric Enhancement Technician Andrew Thurman highlighted the trading activity over the previous two days, and noted that it's “likely the largest NFT dump ever.” The major selling event included 90 Bored Ape Yacht Club (BAYC) NFTs, 191 Mutant Ape Yacht Club (MAYC) NFTs and 308 Otherdeed NFTs to name a few. In what's likely the largest NFT dump ever, in the past 48 hours Machi has sold 1,010 NFTs, including: - 90 BAYC for 5707 ETH - 191 MAYC for 3091 ETH - 112 Azuki for 1644 ETH - 308 Otherdeed for 582 ETH But he's