Famous Taiwanese musician Jeffrey Huang, known as ‘Machi Big Brother’ on social platforms, had focused on Apecoin for a long time and bought APE.
However, recently he seems to have sold APE and turned to another altcoin.
According to Lookonchain’s post, Machi Big Brother sells APE and collects BLUR.
Machi Big Brother, which has been accumulating BLUR since November 2023, currently holds a total of 11.8 million BLUR (worth $6 million) at an average price of $0.51.
The famous name still has APE. Accordingly, Machi Big Brother has 250 thousand APE (worth 358 thousand dollars) and makes a profit of 1.4 million dollars from APE.
“Machi Big Brother continues to sell APE and buy BLUR.
It started buying BLUR on November 23, 2023 and has purchased a total of 11.8 million BLUR ($6 million worth) so far at an average price of $0.51.
Since August 2, 2023, it has purchased and staked 6.12 million APE ($9.34 million worth) from Binance and DEXes at an average price of $1.53.
It then sold 6.5 million APEs ($10.4 million worth) at an average price of $1.60 since November 24, 2023.
“He currently has 250 thousand APE ($358 thousand) and makes a profit of $1.4 million.”
At the time of writing, APE is at $1.44, while BLUR is at $0.71.
Machi Big Brother continues to sell $APE and buy $BLUR!
He started buying $BLUR on Nov 23, 2023 and has bought a total of 11.8M $BLUR($6M) at an average price of $0.51 so far.
Since August 2, 2023, he has bought 6.12M $APE($9.34M) from #Binance and #DEX at an average price of… pic.twitter.com/jJdH38B1ga
— Lookonchain (@lookonchain) January 16, 2024
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/the-famous-giant-whale-continues-to-sell-this-altcoin-that-it-collected-for-a-long-time-it-started-to-accumulate-another-altcoin/