{"id":556362,"date":"2023-02-25T08:20:30","date_gmt":"2023-02-25T05:20:30","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/whale-sells-1010-nfts-in-48-hours-in-largest-nft-dump-ever\/"},"modified":"2023-02-25T08:20:30","modified_gmt":"2023-02-25T05:20:30","slug":"whale-sells-1010-nfts-in-48-hours-in-largest-nft-dump-ever","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/whale-sells-1010-nfts-in-48-hours-in-largest-nft-dump-ever\/","title":{"rendered":"# Whale sells 1,010 NFTs in 48 hours in \u2018largest NFT dump ever\u2019"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3c1a84f2e55\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3c1a84f2e55\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/whale-sells-1010-nfts-in-48-hours-in-largest-nft-dump-ever\/#%E2%80%9D_Whale_sells_1010_NFTs_in_48_hours_in_%E2%80%98largest_NFT_dump_ever_%E2%80%9C\" >&#8221; Whale sells 1,010 NFTs in 48 hours in \u2018largest NFT dump ever\u2019   &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Whale_sells_1010_NFTs_in_48_hours_in_%E2%80%98largest_NFT_dump_ever_%E2%80%9C\"><\/span>&#8221; Whale sells 1,010 NFTs in 48 hours in \u2018largest NFT dump ever\u2019   &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvNDFkZGEwZWEtZmJkMS00YjAwLWE2MmUtYWNlNzYyZjVlYzVmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-48054ca8>According to data from Nansen, nonfungible token (NFT) whale Jeffrey Hwang \u2014 known colloquially as Machi Big Brother \u2014 dumped 1,010 tokens for a total of 11,680 Ether (ETH) or $18.6 million in the space of 48 hours. <\/p>\n<p>In a Feb. 25 <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> thread, Nansen\u2019s Simian Psychometric Enhancement Technician Andrew Thurman highlighted the trading activity over the previous two days, and noted that it&#8217;s \u201clikely the largest NFT dump ever.\u201d<\/p>\n<p>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. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">In what&#8217;s likely the largest NFT dump ever, in the past 48 hours Machi has sold 1,010 NFTs, including:<br \/>&#8211; 90 BAYC for 5707 ETH <br \/>&#8211; 191 MAYC for 3091 ETH<br \/>&#8211; 112 Azuki for 1644 ETH<br \/>&#8211; 308 Otherdeed for 582 ETH<\/p>\n<p>But he&#8217;s not registering much profit for these collections. Why? <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/4NyMF3gzuy\">pic.twitter.com\/4NyMF3gzuy<\/a><\/p>\n<p>\u2014 Andrew T (@Blockanalia) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Blockanalia\/status\/1629238583297990658?ref_src=twsrc%5Etfw\">February 24, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Notably, however, Machi Big Brother (Machi) promptly bought back 991 NFTs following the dump, with Thurman theorizing that could be a play to either book some profits while also conducting \u201cone big wash trade to generate huge Blur airdrop profits,\u201d or a \u201cpretty naked market manipulation. \u201d<\/p>\n<p>Machi is reportedly one of the biggest receivers of the BLUR token airdrop from upstart NFT marketplace Blur, which recently ousted OpenSea from being the top-ranked NFT platform in terms of trading volume. <\/p>\n<p>On Feb. 14, the project started dishing out its first round of airdrops to the community, with the amount of airdropped tokens depending on the user\u2019s level of platform engagement and Ethereum-based NFT trading activity. <\/p>\n<p>On Feb. 17, blockchain analytics platform Arkham Intel indicated that Machi had received 1.8 million BLUR tokens, and cashed it all out for $1.3 million. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Machi is currently not holding any <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BLUR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BLUR<\/a> &#8211; like others, he sold it all.<\/p>\n<p>In total, he received $1.3M for his 1.8M Blur tokens, selling at an average price of $0.707.<\/p>\n<p>It took 38 separate transactions for him to completely sell his <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BLUR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BLUR<\/a>! <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/nhJpGK1uFf\">pic.twitter.com\/nhJpGK1uFf<\/a><\/p>\n<p>\u2014 Arkham (@ArkhamIntel) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ArkhamIntel\/status\/1626293632163512325?ref_src=twsrc%5Etfw\">February 16, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As such, Machi could be looking to score some fresh BLUR tokens in the next round by ramping up NFT trading activity, while other whales may be <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/0xbobateas\/status\/1629169981446316035\">looking<\/a> to do the same also. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Blur founder Pacman puts the NFT marketplace war into perspective<\/em><\/strong><\/p>\n<p>Looking at the floor prices of top collections that Machi initially dumped, BAYC, MAYC and Otherdeed NFTs have seen their prices drop 7.77%, 9.2% and 8.16% in the past 24 hours, according to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/nftpricefloor.com\/\">data<\/a> from NFT Price Floor. <\/p>\n<p>\u201cOne man&#8217;s quest for an airdrop is wrecking some markets,\u201d Thurman noted in a subsequent post. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">FWIW my &#8220;partial cashout&#8221; theory doesn&#8217;t seem to be panning out &#8212; he hasn&#8217;t sent anything to Binance in a while <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/FbqBsRzjHd\">pic.twitter.com\/FbqBsRzjHd<\/a><\/p>\n<p>\u2014 Andrew T (@Blockanalia) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Blockanalia\/status\/1629285024573816832?ref_src=twsrc%5Etfw\">February 25, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>At the time of writing, BLUR sits at $0.79 with the price declining by 17.7% over the past seven days, according to CoinGecko. <\/p>\n<p>On Feb. 22, the Blur team <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/blur_io\/status\/1628158959940149248\">tweeted<\/a> that the project will soon airdrop $300 million worth of tokens in its second round, or \u201cseason two.\u201d<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"nifty_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/whale-sells-1-010-nfts-in-48-hours-in-largest-nft-dump-ever\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Whale sells 1,010 NFTs in 48 hours in \u2018largest NFT dump ever\u2019 &#8220; According to data from Nansen, nonfungible token (NFT) whale Jeffrey Hwang \u2014 known colloquially as Machi Big Brother \u2014 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&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":556363,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/41dda0ea-fbd1-4b00-a62e-ace762f5ec5f.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[84148,77892,95118,86389],"class_list":["post-556362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-airdrop","tag-crypto-collectibles","tag-nft","tag-marketplace"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/556362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=556362"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/556362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/556363"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=556362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=556362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=556362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}