Machi Big Brother Is $22 Away From Liquidation After Selling 3 Bored Apes at a Loss

Crypto whale Machi Big Brother sold three Bored Ape Yacht Club NFTs at a loss just to keep his Ethereum long position from blowing up, and his liquidation price is still sitting a razor-thin $22 below current ETH levels.

On-chain analytics firm Lookonchain flagged the trades, linking the three BAYC sales directly to a desperate effort to reduce his leveraged ETH exposure by 52%. The move cut the position roughly in half, but the math still looks brutal. After dumping some of the most recognizable NFTs in crypto to raise emergency capital, Machi remains one bad hourly candle away from forced liquidation.

What the On-Chain Data Actually Shows

Lookonchain tied the three loss-making Bored Ape sales to the margin trade, though the public record stops short of tracing the exact proceeds into the collateral account. The connection is circumstantial but the timing is hard to dismiss. NFT sales at a loss, a 52% position reduction, and a liquidation price that still haunts the trade like a shadow.

This is not a clean exit. This is a whale bleeding out slowly and hoping the market cooperates.

For context, Bored Apes have shed significant value from their 2021 and 2022 peaks. Selling them now, at a loss, to defend a leveraged ETH long signals one thing clearly: the position was large enough that losing the NFTs hurt less than losing the trade entirely.

Why This Matters Beyond One Whale

Machi Big Brother is not a retail tourist. He is one of the most well-known figures in Asian crypto circles, with a history of large, high-conviction trades. When someone at that level is forced to liquidate blue-chip NFT holdings to defend a margin position, it tells you something about the current pressure underneath this market.

It also raises an uncomfortable question: if ETH drops another $22, what happens next? A liquidation at that scale does not disappear quietly. It hits the order book, triggers cascading sells, and hands short sellers a narrative.

What Crypto Holders Should Watch Right Now

Keep ETH price action close over the next 48 hours. If ETH loses key support and Machi's position gets liquidated, expect short-term volatility and a potential dip that tests broader market confidence. Watch Lookonchain and on-chain liquidation trackers for any movement on the remaining position.

The NFTs are gone. The risk is not.