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A Web3 Cautionary Tale: The Biggest NFT Brands Had Funds in SVB
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Day: February 25, 2023

Whale sells 1,010 NFTs in 48 hours in ‘largest NFT dump ever’

By Gal MobiechIn NFT News, NFT TrendsPosted February 25, 2023

According to data from Nansen, nonfungible token (NFT) whale Jeffrey Hwang — known colloquially as Machi Big Brother — dumped 1,010 tokens for 11,680 Ether (ETH) or $18.6 million, in the space of 48 hours. In a Feb. 25 Twitter thread, Nansen’s simian psychometric enhancement technician, Andrew Thurman, highlighted the...

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