「FractionalDAO」 Faces Liquidation Again, Proceeds to Sell BAYC NFT to Replenish Collateral

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BlockBeats News, July 24th, according to LookIntoChain monitoring, the "Brother Ma Ji" Huang Lizheng address has once again been liquidated. To raise funds to maintain his ETH long position, he had to sell his held Bored Ape NFT at a loss.

The data shows that about 2 hours ago, Machi sold Bored Ape #6801 for 8.61 ETH. This NFT was purchased 3 years ago for 23.5 ETH, and this sale resulted in a loss of 14.89 ETH, equivalent to about $28,000.

Source: BlockBeats

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