Technology

Whale completes the greatest NFT dump ever by selling 1,010 NFTs in 48 hours.

Nonfungible token (NFT) whale Jeffrey Hwang, also known as Machi Big Brother, sold 1,010 tokens for a total of 11,680 Ether (ETH), or $18.6 million, in the cour

Whale completes the greatest NFT dump ever by selling 1,010 NFTs in 48 hours.
Image preserved from the Inside Crypto archive

Nonfungible token (NFT) whale Jeffrey Hwang, also known as Machi Big Brother, sold 1,010 tokens for a total of 11,680 Ether (ETH), or $18.6 million, in the course of 48 hours, according to Nansen statistics.

The trading activity over the previous two days was highlighted by Nansen's Simian Psychometric Enhancement Technician Andrew Thurman in a post on Twitter on February 25. He claimed that it is "possibly the greatest NFT dump ever."

The main selling event featured, among others, 308 Otherdeed NFTs, 191 Mutant Ape Yacht Club (MAYC), and 90 Bored Ape Yacht Club (BAYC) NFTs.