"Brother Musk" Trims BAYC Holdings to Add to ETH Long Position

Aug 13, 16:32

August 13th, according to OnchainDataNerd monitoring, the "Whale Whisperer" Huang Lizheng may have faced increased fund pressure recently, as he only withdrew 1540 USDC from Binance. Meanwhile, to maintain his ETH long position, he sold Bored Ape Yacht Club #5715 for 8.3 ETH (approximately $15,600), while the NFT was purchased 3 years ago for 34.17 ETH.

Currently, his ETH long position is 2,800 ETH, worth around $5.3 million, with a liquidation price of $1,863.08.