Brother Maji cut losses on BAYC NFT with a 89.4% loss and increased ETH long positions

On August 5, according to monitoring by Lookonchain, Ma Ji Da Ge Huang Li Cheng purchased BAYC #5670 five years ago for 85 ETH and today sold it for only 9 ETH, resulting in a loss of 76 ETH (approximately $142,000), with a loss rate of 89.4%. Subsequently, he continued to use the funds to support his ETH long position. The current position has reached 3450 ETH (approximately $6.44 million), with a liquidation price of $1839.37.