June 26 (Cointime) -The price of the Bored Ape Yacht Club NFT fell on a series of sales by Jeffrey Huang, also known as Big Brother Machi. Huang has sold a total of 50 Apes over the past few days, with one transaction cashing out 19 Apes for ether already worth about $1.2 million. The base price of the series of NFTs is under pressure and is at its lowest priced nadir since Ethereum’s yellow move in November 2021. On Sunday, however, the series rebounded after Huang acquired 14 Bored Apes. NFTs are unique digital tokens associated with items, often used in areas such as digital artwork.
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Bored Ape Yacht Club NFT Prices Plunge as Machi Big Brother Makes Major Moves
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