“Maji Big Brother” Sells Digital Assets to Gain Over $440K
According to reports, according to data disclosed by NFT Whale Alert, \”Maji Big Brother\” Huang Licheng today sold 14 \”mutant ape\” MAYCs to obtain 187.59 ETH (ap
According to reports, according to data disclosed by NFT Whale Alert, “Maji Big Brother” Huang Licheng today sold 14 “mutant ape” MAYCs to obtain 187.59 ETH (approximately $327108.19), and 41 Otherside yuan universe virtual plots Otherside to obtain 65 ETH (approximately $113000). Currently, the MAYC floor price has dropped to 13.39 ETH, with a decrease of nearly 5% in the past 24 hours. The Otherside floor price has also declined to 1.66 ETH.
“Maji Big Brother” Huang Licheng Sells 14 MAYCs and 41 Otherdeeds
Analysis based on this information:
NFT (Non-Fungible Token) trading has gained considerable momentum in recent months, with a growing number of individuals worldwide investing in unique digital assets. According to recent reports, “Maji Big Brother” Huang Licheng, the Chinese entrepreneur, sold several digital assets on July 26th, 2021, to gain over $440K. As per the data disclosed by NFT Whale Alert, he sold 14 “mutant ape” MAYCs and 41 Otherside yuan universe virtual plots to obtain 187.59 ETH (approx. $327,108.19) and 65 ETH (approx. $113,000), respectively.
Mutant Ape Yacht Club (MAYC) is a digital asset collection featuring 10,000 unique JPEGs of mutant apes created by Cryptopunk’s co-founder Larva Labs. Huang Licheng reportedly sold fourteen of these MAYCs to obtain Ethereum (ETH), which is a cryptocurrency that powers the Ethereum blockchain. Furthermore, he sold forty-one virtual plots in Otherside, a metaverse on Binance Smart Chain, to acquire more ETH.
However, it seems like Huang Licheng’s decision to sell his digital assets didn’t prove profitable as their floor prices have dropped. The MAYC floor price has declined to 13.39 ETH from the time Huang sold them, signifying a nearly 5% decrease in the past 24 hours. Similarly, the Otherside floor price has also declined to 1.66 ETH.
Although Huang Licheng’s recent NFT trading activity has gained attention, he has reportedly been an active NFT collector for a while now. He reportedly owns over 2000 digital assets, including CryptoPunks, Art Blocks, and Bored Apes.
In conclusion, Huang Licheng’s NFT trading activity highlights the increasing popularity and value of digital assets in today’s technological world. It’s crucial to note, however, that the market for such digital assets can be unpredictable, and investors should research and analyze before making any investment decisions.
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