Machi Big Brother: Sells Bored Ape for 9 ETH

Machi Big Brother sold Bored Ape #5670 for 9 ETH today after acquiring it for 85 ETH five years ago, locking in a 76 ETH ($142K) loss of 89.4 percent and directing proceeds into his existing long.

His current stance stands at 3,450 ETH valued at $6.44 million with liquidation marked at $1,839.37. Bored Ape Yacht Club floor price history shows similar heavy drawdowns over the past year, while ETH price prediction models now factor in leveraged holders adding to longs after NFT exits. Crypto market crash concerns linger yet this flow supports the position rather than signals capitulation.

At $1867.2 the price sits inside the Bollinger band with upper resistance at $1889.71 and lower support at $1842.72; it tests EMA50 resistance of $1876.88 while remaining above the EMA200 floor at $1831.18, RSI holds neutral at 48.41 and MACD prints a bullish golden cross at -2.48, pointing to a probable probe of the upper band before any deeper pullback to the 50-EMA.