The Altcoin Phenomenon Gave Up: He Sold His Favorite Project at a Loss, The Price Dropped Much!

The controversial altcoin phenomenon Machi Big Brother chose to sell at a loss for a project.

According to data provided by the on-chain analysis platform Spot On Chain, Machi Big Brother sold all of its Blur (BLUR) assets at a loss.

Fenome's total loss from the Blur investment was 3.16 million dollars.

Famous Taiwanese musician Jeffrey Huang, known as Machi Big Brother in digital media, deposited all 18.4 million BLUR into Binance on July 11, causing BLUR to drop by 6%. He carried out the transfer operations in 7 parts.

The phenomenon still has 275 million BLASTs worth approximately $4.45 million and 8.8 million FRIENDs worth approximately $1.71 million.

The bulk purchases were made in November

Machi Big Brother Blur made most of its purchases in November last year. Not only making purchases, the phenomenon demonstrated his confidence in the project by staking all of his assets.

However, when waiting for about a year did not yield what he wanted, he settled for the inevitable.

According to CoinGecko data, BLUR, which has lost 6.4% in value in the last 24 hours, is traded at $ 0.164 at the time of writing.

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