NewsSignals AI analysis·Binance News·Oct 23, 2026

Machi Sells Two Mutant Apes for 1 ETH Each, Incurring an 11.28 ETH Loss

Grade Bbearish AI signal$ETH

Crypto trader Machi sold two Mutant Apes NFTs for just 1 ETH each, realizing a combined loss of 11.28 ETH, or 85%, after holding them for three years. Lookonchain reported that the NFTs were originally purchased for 6.13 ETH and 7.5 ETH, with the proceeds intended to fund more trading and paper trading on Hyperliquid. The sale could reinforce bearish sentiment around NFT valuations while redirecting attention toward active trading opportunities.

Bullish strength: 35/100

Machi plans to use the sale proceeds to fund more trading and paper trading on Hyperliquid.

Bearish strength: 65/100

The two Mutant Apes sold for 1 ETH each despite original costs of 6.13 ETH and 7.5 ETH.
The combined realized loss was 11.28 ETH, equivalent to an 85% loss.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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